Plastic Omnium : To acquire AMLS business from AMS Osram
>EV of € 65m for the acquisition, 0.44x EV/Sales multiple - After Bloomberg reported yesterday that Plastic Omnium is nearing a deal to buy AMS-Osram AG’s automotive-lighting business, the two companies this morning officialised the deal, even though the scale is even smaller than that mentioned by Bloomberg. In detail, Plastic Omnium is to buy 100% of AMLS (Automotive Lighting Systems GmbH), i.e. the scope of the former JV between Continental and Osram, for an E...Compagnie Plastic Omnium is a manufacturing and services company which partners with car manufacturers and local communities, through its two core businesses which are Automotive Equipment and Environment. Co.'s activities can be divided into two divisions: the Automotive division and the Environment division. The Automotive division designs, manufactures and sells vehicle body parts (exterior parts and modules) and plastic fuel systems. The Environment division provides products and services for local authorities, including waste pre-collection and management equipment and services, and road and highway signage.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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