Plastic Omnium has now completed its acquisition, announced on March 25th, of 100% of AMLS (Automotive Lighting Systems) business of ams OSRAM specializing in automotive lighting. Following the €65m self-financed takeover, AMLS will be consolidated in Plastic Omnium accounts as of July 1, 2022.

AMLS generated €148m revenue in 2021 and has 770 employees, including 120 at five dedicated R&D facilities in Europe, the USA and China. AMLS offers a portfolio of high-tech products covering key growth areas such as front-end lighting systems, interior lighting, projection and bodyshell lighting that meet the latest market trends in style, safety and electrification.

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Plastic Omnium finalized today a private placement governed by German law called Schuldschein for a total amount of 400 million euros.

In particular, the proceeds of this issue will help to anticipate the €300 million refinancing of the Schuldschein due in June 2023.

This private placement, without covenant, of maturities 3, 5 and 7 years, offers an average financing rate of 1.58%. It was arranged by BNP Paribas and Bayern LB.

The amount of the transaction has been increased to 400 million euros against 300 million euros initially planned and demonstrates the interest and confidence of investors in the strategy and strength of Plastic Omnium.

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Plastic Omnium announces the signature of a partnership with Hyliko, the mobility specialist that decarbonizes heavy-vehicle fleets by integrating hydrogen storage systems. The first phase of the partnership covers an order of a total of 315 high-pressure hydrogen vessels to equip 45 trucks by the end of 2024.

The partners also plan to work together to develop new hydrogen storage systems that will increase truck ranges to over 750 kilometers, an uplift of almost 60%.

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Plastic Omnium presents its long-term strategy for growth and transformation

A strategic plan to fully capitalize on the opportunities of a mobility market experiencing far-reaching change, built on two pillars:
– reinforcing its leadership position
– targeted diversification, aligning with key changes in the market, into business areas that have strong potential synergies with its existing activities

A strategy expressed and embodied by the Group’s new purpose “Driving a new generation of mobility.”

Press release

Presentation

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– Plastic Omnium’s strategic roadmap execution gathers pace with new lighting activity

– Plastic Omnium to offer differentiating exterior systems for OEMs through the creation of a comprehensive end-to-end lighting value chain

– Plastic Omnium has identified clear levers to unlock VLS’ full potential and return to a profitability level in line with Group standards, with significant long-term value creation for stakeholders

Press release:

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Presentation

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Q1 2022 revenue will be released on April 27 at 7:00 am (CET) and will be followed by a conference call at 8:00 am (CET) during which Kathleen WANTZ-O’ROURKE, Group Chief Financial and Information Systems Officer, will comment the main developments of the 1st quarter of the year.

The live webcast conference will be available on:
https://channel.royalcast.com/landingpage/plastic-omnium-en/20220427_1/

If you wish to access the conference call, simply dial one of the following numbers:
– France: +33 (0) 1 7037 7166
– UK: +44 (0) 33 0551 0200
– USA: +1 212 999 6659

Then provide the operator with the code: Plastic Omnium

Plastic Omnium accelerates its electric mobility growth strategy with its proposed acquisition of ACTIA Power and purchase of an equity stake in Verkor

Plastic Omnium is the world leader in automotive energy storage solutions. It is pursuing its growth strategy in the fast-growing field of electrification by building a comprehensive range of energy management solutions to meet the growing needs of mobility players.
Through the proposed acquisition of ACTIA Power, Plastic Omnium will benefit from a new technological platform and cutting-edge R&D capabilities in electronic component design, and electric power storage and management systems. The investment and industrial partnership with Verkor will enable Plastic Omnium to develop and manufacture electric battery modules for mobility players. This will enable the Group to meet the needs of all electric vehicles: hybrids, plug-in hybrids, battery-powered and fuel cell stack.

Press release:

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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:

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