# 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.

- Type: Acquisition
- Announced: 2017-03-30
- Where: Seven sites in France, Spain and Germany
- Value: $214.0M (200.0M EUR)
- Status: completed
- Products: automotive exterior components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Plastic Omnium](https://endata.com/companies/1180.md) (partner)
- [Flex|N|Gate](https://endata.com/companies/1181.md) (acquirer)

## Sources

- [opmobility.com](https://www.opmobility.com/en/e200-million-sale-to-flexngate-of-part-of-the-business-purchased-from-faurecia-is-confirmed/), 2017-03-30: "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."

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