Plastic Omnium announces it has completed the acquisition of Varroc’s automotive lighting systems (VLS) business from Varroc Engineering Limited. The €520 million transaction was adjusted downwards by €80 million to reflect weakened market conditions triggered by inflation and supply chain disruptions. VLS will be consolidated into Plastic Omnium’s accounts as of October 7, 2022.
Plastic Omnium finalizes acquisition of Varroc Lighting Systems
