Latour Capital-led consortium completed the acquisition of Plastic Omnium's Environment business for €220m.

The consortium made up of Latour Capital and Bpifrance completed its acquisition of Plastic Omnium's Environment business (now renamed Sulo) for €220m ($244m). This project reflects Plastic Omnium’s decision to concentrate all of its human and financial resources on its automotive business. As the world leader in intelligent exterior systems, clean energy systems and modules for the automotive industry, the Group is implementing a strategy of innovation and profitable growth through sustainable mobility.