# Plastic Omnium to acquire Varroc's four-wheeler lighting business for €600M

Varroc Engineering signed an agreement to sell its four-wheeler lighting business (Varroc Lighting Systems) to France's Compagnie Plastic Omnium SE for 600 million euros. The transaction includes operations in the USA, Brazil, Mexico, Poland, Czech Republic, Germany, Turkey, and Morocco.

- Type: Acquisition
- Announced: 2022-04-29
- Value: $634.0M (600.0M EUR)
- Status: announced
- Products: automotive lighting systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Compagnie Plastic Omnium](https://endata.com/companies/22663.md) (acquirer)
- [Varroc Engineering](https://endata.com/companies/44944.md) (target)

## Sources

- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-components/varroc-sells-its-four-wheeler-lighting-biz-to-plastic-omnium-for-600-million-euros/91168412), 2022-04-29: "The sale of VLS will enable the $1.5 billion revenue Indian company to become debt-free and sharpen its focus on the India business."
- [autonews.com](https://www.autonews.com/suppliers/plastic-omnium-agrees-acquire-units-lighting-supplier-varroc-634-million), 2022-04-29: "The all-cash transaction is expected to close in the second half of this year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.