2022-05-10

Plastic Omnium acquires Varroc's Automotive Lighting Systems business and creates an integrated lighting player enabling differentiating solutions for exterior systems

•       Plastic Omnium’s strategic roadmap execution gathers pace with new lighting activity o Plastic Omnium to acquire Varroc Lighting Systems (VLS), a key Tier 1 automotive lighting supplier with sales of c.€0.8bn in 2021, for an enterprise value of €600m paid for in cash  o   Creation of a new strategic lighting division in 2022 with revenue of c. €1bn[1], combining AMLS (ams OSRAM Automotive Lighting Systems) and VLS  •       Plastic Omnium...
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Strawberries flourish in a Controlled-Environment Agriculture Installation with Horticulture LED lighting provided by Cree LED and RED Horticulture. (Photo courtesy of RED Horticulture) The integration of technology into every aspect of life i... READ MORE

The prior blog titled “Nichia’s contribution to a realization of a mercury-free society” took a short break. However, there was a release about new LED-based water disinfection devices made by Miura Co., Ltd., a Japanese manu... READ MORE