Acquisition of AMLS provides Plastic Omnium with a new dimension for growth
Leveraging AMLS’ expertise in intelligent lighting technology, Plastic Omnium is expected to emerge as an integrated supplier in the smart exterior body modules market
On 25 March, Plastic Omnium announced the acquisition of Automotive Lighting Systems GmbH (AMLS), formerly a joint venture between ams Osram Group and Germany’s Continental. Plastic Omnium (EPA:POM market capitalization USD2.30 billion as on 12 April 2022) acquired 100% of ams Osram’s AMLS (SWX:AMS, market capitalization USD3.43 billion as on 12 April 2022) shares with an investment of EUR65 million (USD71.39 million).
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