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-  11 July 2016

The European Commission authorizes acquisition of Faurecia's Exterior Systems business on July 29, 2016

The European Commission has just authorized Plastic Omnium’s acquisition of Faurecia's Exterior Systems business, subject to a certain number of disposal commitments.
These commitments represent approximately €700 million in revenue, half of which are composed of disposal of the French sites and a Spanish site for the bumper business, and half made up of the front-end module assembly business in Germany.

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-  11 July 2016

Plastic Omnium 2016 First-Half results (online conference)

Plastic Omnium 2016 First-Half results will be presented during an online presentation on Wednesday, July 27th, 2016 at 11.00 am (Paris time).

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-  13 June 2016

Plastic Omnium is making hybrid vehicles lighter

In anticipation of high growth across the hybrid market (5.5 million cars in 2020 versus 2 million in 2015), Plastic Omnium is introducing a new-generation plastic tank for plug-in hybrid vehicles.
The plastic tank, featuring new INWIN technology, is 40% lighter than the metal model currently fitted on the majority of plug-in hybrid vehicles. It is designed to withstand the pressure created by fuel vapor when the vehicle is in electric-drive mode over long periods of time. The technology developed by Plastic Omnium is covered by 163 patents.

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-  21 April 2016

First quarter 2016 sales confirmed outperformance

For the 1st quarter of 2016, economic sales1 reported by Compagnie Plastic Omnium reached €1,536.2 million, up by 6.0% over the 1st quarter of 2015 (up 7.8% at constant exchange rates).
Consolidated sales2 came to €1,300.8 million at constant exchange rates over the period (up by 6.7%).

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-  19 April 2016

Signature of Faurecia’s Exterior Systems sale and purchase agreement

On April 18, 2016, Plastic Omnium executed the SPA (Sale & Purchase Agreement) for the purchase of Faurecia’s Exterior Systems’ business.
The procedures with the employee representatives were completed.
The transaction must now be submitted to the European Commission and to other relevant competition authorities.

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