OPmobility

OPmobility

Company type	Société anonyme
Traded as	Euronext:  POM CAC Mid 60 Component
Industry	Automobile
Founded	1946 (1946)
Founder	Pierre Burelle
Headquarters	Levallois , France [1]
Area served	Worldwide
Key people	Laurent Burelle (Chairman and CEO)
Revenue	€11.40 billion (2023) [2]
Operating income	€395 million (2023)
Net income	€163 million (2023)
Total assets	7,549,000,000 euro (2023)
Number of employees	31,000
Parent	Burelle
Website	opmobility.com

OPmobility is a French automotive supplier. ^{[1] [3]} OPmobility operated under the name Plastic Omnium until March 27, 2024. ^[4]

Logo before March 27, 2024

History

Plastic Omnium was founded by Pierre Burelle in 1946. It began making plastic steering columns for Renault, but soon extended its supply contracts to other carmakers in France and abroad. ^[5] In 1995, it made a tender offer for its most important rival in the French industry, Reydel, and then acquired it from its major stakeholder Compagnie Financière de Turenne. ^{[6] [7]} According to their website, Plastic Omnium currently has 131 plants and is present in 26 countries. ^[8]

Divisions

Plastic Omnium Automobile

Front module for a Peugeot 3008 made by Plastic Omnium

Two automotive divisions, Auto Exterior Division and Auto Inergy Division (previously: Inergy Automotive Systems). The first provides external plastic elements (thermoplastic and composite) for cars, like bumpers and energy absorption systems, fender and front-end modules. The second provides plastic fuel tank systems and SCR tank systems. ^{[1] [3]} In 2011, Inergy purchased the Ford Motor Company's fuel tank manufacturer in United States, Visteon, and became its sixth largest world provider. ^[9] The company has plans to introduce more composite materials to reduce the weight of their pieces and gain market advantage. ^[10]

Plastic Omnium Environment (now called Sulo)

This centers on waste containerization, urban and road signage and urban planning. Its products include wheeled bins; underground, semi-underground, and aboveground containers; voluntary waste drop-off receptacles and data management systems; equipment for community-use area; urban signage solutions^{[ buzzword ]}; and road signage solutions^{[ buzzword ]}, as well as sorted waste services. Plastic Omnium Systemes Urbains ^{[1] [3]} in 2012 won its first major contract for its line of sustainable products, when Rio de Janeiro requested the provision of wheeled rubbish bins made with plant-based polyethylene derived from sugar cane. ^[11] The entity was sold to investors in 2018 and is now called Sulo  [ de ].

Company's share structure

According to Plastic Omnium, at the end of 2011 55.1 percent of it was owned by the parent company, Burelle, 1.6 by the employees, 8.7 was Treasury stock and a 34.6 was for public trade. ^[12]

References

1. "Company Description: Plastic Omnium". businessweek.com. BusinessWeek. Archived from the original on 27 September 2013. Retrieved 13 August 2012.
2. "Strong 2023 performance" (PDF). 22 February 2024.
3. "Profile: Plastic Omnium SA". reuters.com. Reuters . Retrieved 13 August 2012.
4. "Plastic Omnium is now OPmobility" (PDF). 2024-03-27. Retrieved 2024-04-09.
5. "Burelle S.A. History". Fundinguniverse.com. Retrieved 13 August 2012.
6. Raulin, Nathalie (19 July 1995). "Une valeur à la loupe. Plastic Omnium lance une OPA sur Reydel Industries" [Value under the microscope. Plastic Omnium is launching a tender offer for Reydel Industries]. liberation.fr (in French). Libération . Retrieved 13 August 2012.
7. "Compétitivité de la plasturgie française dans l'Union européenne" [Competitiveness of the French plastics industry in the European Union](PDF) (in French). Ministerie de l'Economie des Finances et l'Industrie. Archived from the original (PDF) on 25 October 2007. Retrieved 13 August 2012.
8. "The Plastic Omnium Group: Activities and History". Plastic Omnium. Archived from the original on 30 March 2020. Retrieved 5 March 2020.
9. Naughton, Keith (20 May 2012). "Ford sells fuel tank factory to unit of France's Plastic Omnium". bloomberg.com. Bloomberg . Retrieved 13 August 2012.
10. Warburton, Simon (9 March 2012). "Plastic Omnium ramps up composites work to strip vehicle weight". Just-auto.com. Archived from the original on 4 March 2016. Retrieved 13 August 2012.
11. Stanley, John (16 April 2012). "Compagnie Plastic Omnium SA Announces Contract for Rio de Janeiro". reuters.com. Reuters. Retrieved 13 August 2012.
12. "Capital Structure". Plastic Omnium. Archived from the original on 20 June 2013. Retrieved 13 August 2012.