OPmobility entered into a final agreement with Hyundai Mobis to acquire 100% of its lighting activity for an enterprise value of 600 billion Korean won. This acquisition will reinforce OPmobility’s Lighting activity and strengthen its competitiveness in a fast-moving mobility industry. In line with OPmobility’s diversification strategy, it will also enhance the Group’s product portfolio, customer base and regional reach.
OPmobility signs an agreement to acquire Hyundai Mobis’ lighting activity