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New Deal


Announced

Completed

Plastic Omnium completed the acquisition of ACTIA Power for $55m.

Financials

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Transaction Value£45m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Single Bidder

batteries

Electronic Equipment: Other

power electronics

Friendly

Majority

France

Acquisition

Private

Completed

Synopsis

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Plastic Omnium, a family-led independent group, agreed to acquire ACTIA Power, a power division, specialized in the design and manufacture of on-board batteries, power electronics and electrification systems. Financial terms were not disclosed. "Plastic Omnium is accelerating its commitment to electric mobility by combining a unique component design expertise with a comprehensive range of storage solutions and energy management systems for the entire mobility industry including cars, rail, commercial fleets, trucks and buses," Laurent Favre, Plastic Omnium CEO.

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