ACTIA Investors

Progress with the disposal of the Power Division

In its press releases of 29 March and 19 May, ACTIA announced that it had entered into exclusive negotiations to sell the Power Division, specialised in the electrification of vehicles, to Plastic Omnium.

ACTIA Group is pleased to announce that the subsequent discussions have made it possible to reach an agreement with Plastic Omnium, which was signed on 26 June 2022. The coming weeks will be devoted to finalising the legalities and documentation and to addressing some minor conditions precedent with a view to completing the deal in mid-summer.

This disposal will enable ACTIA to put the Power Division’s activities into long-term industrial plans and focus its efforts on embedded electronics at the service of mobility and power management. The resources resulting from the disposal will be used to reduce ACTIA’s level of indebtedness by about €50m. You will recall that ACTIA had concluded a first transaction concerning the sale of the Technical Inspection & Garage Equipment business to the BASE Group on 21 April 2022, for an amount of €12m. These two transactions will reinforce ACTIA’s financial structure and help it to achieve revenue in excess of €800m in four years’ time, independently of these transactions.

The fact that ACTIA’s Power Division is joining the Plastic Omnium Group will enable the teams to pursue their development within the Clean Energy Systems division. There is still work to do to successfully finalise this integration, but the two family-owned groups are firmly committed to making this industrial project a reality” enthused Jean-Louis Pech, CEO of ACTIA Group.

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ABOUT PLASTIC OMNIUM

A world leader, Plastic Omnium provides innovative solutions for a more connected and sustainable mobility. The Group develops and produces intelligent exterior systems, clean energy systems and customized complex modules. With €8 billion economic revenue in 2021, an international footprint of 137 plants and 31 R&D centers, Plastic Omnium relies on its 30,000 employees to meet the challenges of clean and smart mobility. Innovation-driven since its creation, Plastic Omnium is now paving the way for zero carbon mobility through its investments in hydrogen solutions since 2015, where the Group has ambitions to become world leader throughout the entire value chain.

Plastic Omnium is listed on Euronext Paris, compartment A, is eligible for the Deferred Settlement Service (SRD) and is part of the SBF 120 and CAC Mid 60 indices (ISIN code: FR0000124570). www.plasticomnium.com

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ABOUT ACTIA

ACTIA Group is a mid-market company (ETI) founded in 1986. It is at once family-owned and international and its head office is located in France. The family aspect guarantees the long-term future of the Group and its independence with an ever-present entrepreneurial spirit. ACTIA’s business is to design and produce electronics to control systems in the particularly demanding fields of the automotive, rail, aeronautics, space, defence, power and telecommunications industries.

The commitments made by ACTIA are reflected in the Group’s ambitious contributions to addressing societal issues: mobility, connectivity, safety and the environment. Control over the design and production of products bearing the ACTIA signature is a true guarantee of quality. Without exception, all Group employees share this belief in quality in a fully certified environment.

KEY FIGURES

  • 2021 turnover: €462.9m.
  • Nearly 3,700 employees around the world, including almost 1,100 engineers and technicians working in R&D.
  • Present in 16 countries.
  • 14 to 18% of revenue reinvested every year in R&D.

STOCK MARKETS

  • Euronext C
  • ISIN FR0000076655 – Mnemonic: ATI Reuters: MRSP.PA – Bloomberg: AIELF: FP
  • Indices: CAC ALL SHARES – CAC ALL-TRADABLE – CAC INDUSTRIALS – CAC MID&SMALL – CAC SMALL – EN TECH CROISSANCE – GAÏA INDEX

CONTACTS

ACTIA – Catherine Mallet – Tel: +33 (0)561 176198 – contact.investisseurs@actia.fr

CALYPTUS – Marie Calleux – Tel: +33 (0)153 656868 – actia@calyptus.net

DATES FOR THE DIARY

Q2 2022 turnover: Thursday 25 August 2022 (7 am)