An important milestone in Plastic Omnium’s strategy to accelerate integration of car body lighting and bolster new design and smart solutions offering.
Plastic Omnium has agreed with AMS OSRAM Group to acquire 100% of AMLS (Automotive Lighting Systems GmbH), a fast-growing German automotive lighting player, for an Enterprise value of €65m. This acquisition represents an important milestone in Plastic Omnium’s smart bumper and tailgate strategy, addressing the lighting market and bringing valuable additional synergies to Plastic Omnium’s exterior body systems division. AMLS offers the technological brick that will provide Plastic Omnium with cutting-edge expertise in lighting technologies, electronics, and software to develop innovative smart lighting solutions for the automotive industry.
Press release:
