Compagnie Plastic Omnium SE

M&A Activity • Jan 18, 2023

PLASTIC OMNIUM SELLS ITS VIGO METAL ACTIVITY TO SPANISH GROUP SEGURA

On January 1, 2023, Plastic Omnium sold its Vigo Metal assets to the Spanish group Segura for €4 million.

This metal parts production activity employs 118 people at Vincios and Porriño plants (Galicia region, Spain).

The divestment of this activity is part of Plastic Omnium's strategy to focus its Clean Energy Systems Division on its core business, the production of fuel and depollution systems, and the development of innovative energy storage solutions for electric powertrains.

About Plastic Omnium

Plastic Omnium is a world-leading provider of innovative solutions for a more connected and sustainable mobility. The Group develops and produces intelligent exterior systems, high added-value lighting systems, clean energy systems and customized complex modules. With €9 billion pro forma economic revenue in 2021 and a global network of 150 plants and 43 R&D centers, Plastic Omnium relies on its 37,000 employees to meet the challenges of clean and smart mobility. Innovation-driven since its creation, Plastic Omnium is now paving the way for zero carbon mobility through its investments in hydrogen and electrification solutions, a sector where the Group aims to become world leader.

Plastic Omnium is listed on Euronext Paris, compartment A. It is eligible for the Deferred Settlement Service (SRD) and is part of the SBF 120 and CAC Mid 60 indices (ISIN code: FR0000124570). www.plasticomnium.com

About Segura

Segura is a family-owned company founded in 1970 that operates in Spain and Hungary. This industrial group is dedicated to the design, development and manufacture of metal components for the automotive industry, using mainly the stamping and welding processes. Its customers are OEMs and Tier 1 automotive suppliers.

Contacts:

Press: Sarah ADIL sarah.adil@plasticomnium.com

Investor Relations: Gabriel BEYA-TUMBA investor.relations@plasticomnium.com