Compagnie Plastic Omnium SE (OPmobility)

Company Profile

■URL

https://www.opmobility.com/en/

■Address

1, allee Pierre Burelle, 92593 Levallois Cedex, France

Business Overview

-The Company is a French manufacturer and a global leader in the development and manufacturing of components and systems focused on exterior body assemblies, energy storage systems, pollution reduction systems, lighting systems, hydrogen technologies, front-end modules, and embedded software systems.

-At the end of the fiscal year ended December 31, 2023, the Company changed its segment reporting structure to better reflect its strategic roadmap. Under the new organization, the Company’s operations are organized into three segments divided into five divisions as follows:

Exterior Systems
- Intelligent Exterior Systems (IES): Business line for developing and manufacturing complex exterior assemblies made primarily from polypropylene and composite materials such as bumpers, spoilers, fenders, energy absorption systems, tailgate modules, rocker panels, and underbody modules. The business line focuses on reducing greenhouse gas emissions through weight reduction and improved aerodynamics of their components.
- Lighting: Business line focused on interior and exterior lighting components, projection systems and complete headlights. The division was created in July 2022 with the combination of the acquired entities of Automotive Lighting System and Varroc Lighting Systems.
Powertrain
- Clean Energy Systems (CES): Business line for developing and manufacturing clean energy storage systems and fuel systems, including blown polyethylene fuel tanks for ICE and hybrid vehicles, as well as emission aftertreatment systems for diesel engines. The acquisition of ACTIA Power resulted in the e-Power activity within the division, focused on battery systems and power electronics.
- New Energies: New business line which spun off from the Clean Energy System business line in 2021 to develop components and systems related to alternative energy in mobility, particularly in hydrogen focused systems. The business line will develop and manufacture systems including high pressure hydrogen storage tanks, fuel cell stacks, and energy management and control solutions.

Modules: Segment which focuses on the development and production of automotive front-end modules. In December 2022, the Company fully acquired the HBPO joint venture with Hella that was the primary business within the segment.
OP’n Soft: A new business activity focusing on the development of embedded software for the Company’s products and services.

-The Company is a global leader in the development and production of onboard energy storage and emission reduction systems, and front-end modules. It produced 31 million bumpers, 1.5 million tailgates, 6 million front-end modules and 19 million fuel tanks and emission reduction systems in 2023. In addition, the Company aims to have a 25% market share in hydrogen storage systems and 15% market share in fuel cells and systems by 2030.

Shareholders

-The Company is listed on the NYSE Euronext Paris exchange.

(As of Dec. 31, 2023)

Shareholders	Equity Capital (%)
Burelle SA	60.0
Public	37.8
Treasury stock	1.1
Employee shareholders	1.1
Total	100.0

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Products

Intelligent Exterior Systems
-Active air dams
-Active grille shutters
-Active front spoilers
-Active side shutters
-Active rear spoilers
-Active rear diffusers
-Body panels and spoilers
-Body panels functionalized with 4D imaging radar
-Door modules
-Door trim
-Fascias and bumper systems
-Fender flares
-Fenders and fender modules
-Rear closure systems
-Rocker panels
-Roof modules
-Smart bumpers
-Smart tailgates
-Structural parts, semi-structural parts and energy absorption systems:

Beams
Bumpers
Hoods
Fender carriers
Front-end carriers
Rear floors

-Tailgates

Clean Energy Systems
-Plastic fuel systems

Blow-molded fuel systems
Fuel systems for hybrids
High pressure vessels for fuel cell systems
High pressure vessels for gas storage
INBAFFLE noise reduction solutions
INWIN fuel system
Multilayer fuel systems
Partial Zero Emission Vehicle (PZEV) fuel systems
Plastic filler pipes
Pressurized tanks for plug-in hybrid vehicles
TANKTRONIC fuel system
Twin Sheet Blow-Molding (TSBM) fuel systems
Water injection systems for gasoline-powered vehicles

-Diesel emissions reduction systems

DINOx Premium NOx reduction system with onboard SCR storage and delivery

-SCR systems

New Energies
-Fuel cell stack
-High-pressure hydrogen storage vessels
-Integrated hydrogen system

Modules
-Active grille shutters
-Active rollo
-Center consoles
-Charge lid modules
-Cockpit consoles
-DC/DC converter modules
-Front-end module
-Frunk modules

Lighting
-Automatic headlight alignment mechanisms
-Body Shell Lighting
-Customizable ambient lighting systems
-Dynamic interior lighting systems
-Headlamp control modules
-Laser headlamps
-LED driver modules
-LED matrix headlamps
-LED modules
-LED pixel headlamps
-LED projector modules
-LED reflector modules
-LED signal lighting systems
-Light guides
-Mechatronic solutions
-Micro-LED projection modules
-OLED signal lighting systems
-Overhead light consoles
-Projection lighting systems
-Surface LED signal lighting systems

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History

1947	Company was founded in Paris, France.
1962	The Company's first plant was built in Langres, France.
1972	The Company's first international plant was built in Valencia, Spain.
1986	Acquired Landry and Techni-Plaste Industrie in France, a supplier of fuel tanks and the precursor of Inergy Automotive Systems
1995	Acquired Reydel Industries in France, a manufacturer of interior equipment, specifically consoles and dashboards, the business is later sold to Visteon in 1999.
2000	Formed a joint venture with Solvay, Inergy Automotive Systems.
2003	Inaugurated the new international R&D center in Lyon, France.
2004	Formed a joint venture with Hella and Behr to create HBPO, a supplier of front-end modules.
2006	Acquired a controlling interest in Inoplast, a European leader in composite components.
2006	Formed a joint venture with Xietong to create XieNO.
2007	Formed a joint venture with Yanfeng Visteon to create YFPO in China.
2007	Formed a joint venture with Varroc to create PO Varroc in India.
2010	Acquired all oustanding shares in Inergy Automotive Systems.
2010	Acquired Peguform's plant in Vigo, Spain, which produces body components for PSA Peugeot Citroen.
2011	Acquired Ford's fuel systems business in the United States through Plastic Omnium Auto Inergy.
2011	Acquired Plastal Poland through Plastic Omnium Auto Exterior.
2012	Formed a joint venture with DSK to form DIPO in Russia to manufacture fuel systems.
2012	Formed a joint venture with Beijing Hainachuan Automotive Parts Co Ltd. (BHAP) in China.
2013	Opened new R&D center in Venette, France.
Jul. 2016	Completed the acquisition of the Faurecia's Exterior Systems business for an enterprise value of EUR 665 million.
Mar. 2017	Sold seven European sites to US-based Flex-N-Gate Group.
Jun. 2017	Sold its truck composites business to the German group mutares AG.
Oct. 2020	Announced the establishment of EKPO Fuel Cell Technologies with ElringKlinger
2021	Formed New Energies business line to focus on the development and manufacturing of components and systems related to alternative energy, specifically focusing on hydrogen systems.
Jul. 2022	Completed acquisition of ams-OSRAM Automotive Lighting Systems business.
Aug. 2022	Completed acquisition of ACTIA Power, a specialist in onboard batteries, power electronics, and electrification systems for heavy-duty vehicles, for EUR 52.5 million.
Oct. 2022	Completed acquisition of Varroc’s automotive lighting systems business for EUR 520 million.
Dec. 2022	Completed acquisition of HBPO front-end joint venture, acquiring remaining 33.33% share from Hella for EUR 290 million.
Mar. 2024	Changed name from Plastic Omnium to OPmobility