OPmobility agrees to buy Hyundai Mobis lighting unit. OPmobility stock has 2027 closing date

The deal carries KRW 600 billion and targets completion in the second half of 2027. OPmobility stock posted EUR 5.20 billion revenue in the first half of 2026.

OPmobility agreed on September 30, 2026 to acquire Hyundai Mobis' entire lighting business in a transaction valued at KRW 600 billion. Ideal Investisseur reported that completion is targeted for the second half of 2027, subject to regulatory and competition approvals.

KRW 600 billion transaction

The agreement covers 100.00 percent of Hyundai Mobis' lighting business, giving OPmobility a larger presence across Asia, North America and Europe. The target generated KRW 2.50 trillion in revenue during 2025, so the KRW 600 billion enterprise value equals 24.00 percent of that annual revenue base, based on figures published by Ideal Investisseur.

The acquired operation has five factories in South Korea, China, Mexico and the Czech Republic, according to the same September 30, 2026 report. OPmobility said the transaction should strengthen its lighting portfolio, customer base and industrial footprint while having no significant pro forma impact on its debt reduction strategy.

First-half revenue reaches EUR 5.20 billion

For the first half of 2026, OPmobility reported EUR 5.20 billion in revenue, EUR 488.00 million in EBITDA and a 9.40 percent EBITDA margin. Net income reached EUR 102.00 million for the same period, figures reported by Ideal Investisseur.

Those figures put the acquisition in the context of a business generating billions in annual sales, while the new lighting assets add geographic reach and manufacturing capacity. The transaction also deepens OPmobility's relationship with Hyundai and Kia, according to the company statement described in the September 30, 2026 report.

Second-half 2027 closing shapes next step

The closing timetable is the key operational date because the agreement still requires regulatory and competition approvals. Until completion in the second half of 2027, the five factories and their revenue remain part of Hyundai Mobis rather than OPmobility's reported operating base.

OPmobility is listed on Euronext Paris and belongs to the SBF 120 and CAC Mid 60 indexes, according to a September 4, 2026 regulated release from Webdisclosure. The combination of the acquisition value, the target's KRW 2.50 trillion 2025 revenue and OPmobility's EUR 5.20 billion first-half 2026 revenue gives investors a concrete scale for the expansion.

OPmobility at a glance

• Company: OPmobility SE
• Ticker: OPM
• Primary exchange: Euronext Paris
• Sector / Industry: Consumer Cyclical / Auto Parts
• Index membership: SBF 120 and CAC Mid 60