OPMobility has entered right into a definitive settlement to accumulate 100% of Hyundai Mobis and its lighting enterprise for an enterprise worth of KRW 600 billion1. This acquisition strengthens OPMobility’s lighting enterprise and strengthens its competitiveness within the quickly altering mobility business. According to OPMobility’s diversification technique, the group’s product portfolio, buyer base and regional footprint will even be strengthened.
Transaction particulars
Hyundai Mobis’ lighting enterprise generated income of two.5 trillion Korean won2 in 2025, with a optimistic working margin. The corporate operates 5 factories in South Korea, China, Mexico, and the Czech Republic. This acquisition will increase the dimensions, know-how platform, buyer attain and international attain of OPMobility’s lighting enterprise. Integration inside the group will probably be an necessary step in strengthening the present efficiency of the lighting enterprise. The acquisition is just not anticipated to have a cloth affect on the Group’s technique of deleveraging on a professional forma foundation.
Closing of the acquisition is focused for the second half of 2027, topic to customary antitrust and regulatory approvals.
Félicie Brell, CEO of OPMobility, mentioned: “Combining Hyundai Mobis’ lighting enterprise with our personal lighting enterprise will enable us to succeed in new scale and create a number one participant within the automotive lighting market. Because of the sturdy complementarity of each companies, this transfer will strengthen our presence in Asia, North America and Europe. This can increase our experience and increase our experience in each exterior programs and lighting options. Specifically, it would additional deepen our partnership with Hyundai and Kia, one of many world’s main automotive teams. This enterprise is completely aligned with our technique of technological management, geographic enlargement and buyer diversification. On behalf of OpMobility, we look ahead to welcoming the Hyundai Mobis lighting household.”
1 Equal to roughly EUR 390 million as of September 29, 2026
2 Equal to roughly EUR 1.6 billion as of September 29, 2026
