In mid-December 2015, parts supplier Plastic Omnium SA announced that it will invest 665 million euros to acquire Faurecia's automotive exterior business. Faurecia's business includes bumpers and front-end modules. Last year, the sales of this part of the business were 2 billion euros, of which 90% were contributed by Europe. The transaction excludes Faurecia's composites business, the Smart Supply plant in Hambach, France, and two joint ventures in Brazil and China.
Brief comment: In the 2014 American Automotive News' list of top 100 global parts suppliers, All-resistant Plastics ranked 40th, with operating income of $ 6.5 billion. The transaction is expected to be completed in 2016, at which time the annual sales of All-plastics will exceed 8 billion euros (about 8.81 billion US dollars), ranking among the top 25 global parts companies. Faurecia said the sale will help the company clear most of its debt and will be able to invest better in other areas in the future.