Plastic Omnium €665 million acquisition of Faurecia Automotive

29/7/2016
Public acquisition

€ 655 million

$ 695.629 million

Announced

29/7/2016


Overview:

  • Plastic Omnium has been given clearance from the European Commission to acquire Faurecia Automotive Exterior's global business. 
  • The acquisition was valued at €665 million.
  • The target saw sales of €2 billion in 2014 and employs 7700 people across 22 locations. 

John Crabb - Journalist 

Jurisdiction:

France

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

France

Industry sectors:

Consumer goods and services
Automotive


Firms:

Party: Plastic Omnium (Acquirer)

Lawyer: Mathieu Remy


Party: Faurecia (Seller)