M&A Activity • Aug 1, 2022
M&A Activity
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Levallois, August 1st 2022 – 5h45 pm CET
Plastic Omnium announces the closing of the acquisition of 100% of ACTIA Power, a division of the ACTIA Group, for an enterprise value of €52.5 million. The transaction is entirely self-financed. ACTIA Power will be consolidated in Plastic Omnium's accounts as of 1st August 2022.
ACTIA Power, with a turnover of 22 million euros in 2021, specializes in the design and manufacturing of on-board batteries, power electronics and electrification systems for the electric mobility of trucks, buses, trains, and construction equipment. ACTIA Power will be able to create synergies with Plastic Omnium's hydrogen business in all different segments enabling the Group to meet the needs of all combustion and electric vehicles, whether hybrid, plug-in hybrid, battery or fuel cell.
With this acquisition, Plastic Omnium will benefit from a new technology platform and leading-edge R&D capabilities for the design of electronic components, storage systems and electrical energy management. The Group will have access to a solid portfolio of heavy mobility customers.
Plastic Omnium is therefore continuing to implement its growth strategy in the area of electrification for heavy and individual mobility.
A world leader, Plastic Omnium provides innovative solutions for a more connected and sustainable mobility. The Group develops and produces intelligent exterior systems, clean energy systems and customized complex modules. With €8 billion economic revenue in 2021, an international footprint of 137 plants and 31 R&D centers, Plastic Omnium relies on its 30,000 employees to meet the challenges of clean and smart mobility. Innovationdriven since its creation, Plastic Omnium is now paving the way for zero carbon mobility through its investments in hydrogen solutions, where the Group has ambitions to become world leader throughout the entire value chain.
Plastic Omnium is listed on Euronext Paris, compartment A, 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
Presse : Sarah ADIL [email protected]
Relations investisseurs : Audrey ARNOUX [email protected]
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