With the acquisitions of Swiss Hydrogen and Optimum CPV, Plastic Omnium reinforces its positioning as an electric propulsion player.
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After the Israeli company Ξ PO-CellTech was set up in 2016 in the field of fuel cells and the Group joined the “Hydrogen Council” steering committee, two acquisitions reinforce Plastic Omnium’s strategic positioning as a key player in the field of electric propulsion. All these new businesses, which should be enriched in the coming months, will be combined into a new entity and Management, “Plastic Omnium New Energies”, within the Storage and Propulsion division – Plastic Omnium Auto Inergy.
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