Faurecia sells its Automotive Exteriors Business to Plastic Omnium

摘要

The transaction concerns the bumpers and front end modules business of Faurecia which had sales of ?2 billion in 2015 and employs 7,700 people in 22 sites. The Entreprise Value of the transaction is ?665 million. The company signs the definitive agreement (Sales and Purchase Agreement) for the sale of its Automotive Exteriors Business to Plastic Omnium following the completion of the information and consultation procedures with the relevant employee representatives.