OPmobility

OPmobility
Company typeSociété anonyme
Euronext: POM
CAC Mid 60 Component
IndustryAutomobile
Founded1946 (1946)
FounderPierre Burelle
Headquarters
Levallois
,
France[1]
Area served
Worldwide
Key people
Laurent Burelle
(Chairman and CEO)
RevenueIncrease €11.40 billion (2023) [2]
Increase €395 million (2023)
Decrease €163 million (2023)
Number of employees
31,000
ParentBurelle
Websiteopmobility.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[edit]

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[edit]

Plastic Omnium Automobile[edit]

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[edit]

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]

Company's share structure[edit]

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[edit]

  1. ^ a b c d "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. ^ a b c "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. Retrieved 13 August 2012.
  8. ^ "The Plastic Omnium Group: Activities and History". Plastic Omnium. 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. 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.
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