Plastic Omnium completes €200M sale of seven European sites to Flex|N|Gate

Plastic Omnium finalized the sale of seven European automotive exterior sites (four in France, one in Spain, two in Germany) to Flex|N|Gate for an enterprise value of €200 million, a disposal required by the European Commission after the Faurecia Auto Exterior takeover.

“Today, Plastic Omnium finalized the sale of seven European sites (four in France, one in Spain, two in Germany) to US-Based Flex|N|Gate Group.”opmobility.com

• 1 source
• opmobility.com€200 million sale to Flex|N|Gate of part of the business purchased from Faurecia is confirmedMar 30, 2017

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