On July 19, 2018, Compagnie Plastic Omnium signed with the consortium made up of Latour Capital and Bpifrance (Public Investment Bank) for the sale of its subsidiary Plastic Omnium Environment BV. The closing of this operation is expected by the end of 2018.
The Environment business – which is Plastic Omnium’s founding business – is the European leader in the containerization of waste. Standalone, profitable and cash-generating, with 6 plants in France, Germany and Spain, an R & D center, a customer service center recently inaugurated at Saint Priest (France), and with the large network of agencies and service desks serving 8,000 customers, this business generation an annual revenue exceeding € 330 million, waste management, washing, surveys and implementation, collection of banks, composers, underground and semi-underground containers, data management, incentive-based invoicing systems, etc.). Plastic Omnium Environment employs 1,800 people operating across 12 countries.
Plastic Omnium is committed to choosing a business environment, which has developed an ambitious industrial project both for France and internationally and is in line with its culture of excellence.
This publication is intended to be used by the relevant representatives in the countries concerned and to be submitted to the relevant competition authorities.