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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Everlight Electronics Co., Ltd. (hereinafter “Everlight”) filed a patent infringement lawsuit against Seoul Semiconductor Co., Ltd. (hereinafter “SSC”) in the United States District Court for the Eastern District of Texas ... READ MORE
In cooperation with the leading agricultural machinery manufacturer CLAAS, the international automotive supplier FORVIA HELLA has developed an illuminated logo bezel especially for the Axion 9 large tractor series. The innovative lighting solu... READ MORE