Faurecia has purchased Plastal France, the sole supplier of plastic body parts for the smart brand of Daimler city vehicles.
This deal follows the previous acquisitions of Plastal Germany and Plastal Spain in 2010 and covers the manufacturing, assembly plant and its operational headquarters located in Hambach, France, generating annual sales of around EUR50m (US$63m) with a total staff of 250.
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The body parts are made of injected thermo-plastic using the Mould in Colour (MIC) technology employing colour-pigmented polypropylene, available in five different shades, which is then lacquered before final assembly.
“This acquisition, which is aligned with the Group’s financial objectives, further reinforces the European leadership of Faurecia Automotive Exteriors and enables Faurecia to strengthen its business relationship with its customer, Daimler,” said Faurecia chairman and CEO, Yann Delabriere.
