OPmobility stock signs KRW 600 billion lighting deal

OPmobility stock is tied to a KRW 600.0 billion acquisition of Hyundai Mobis' lighting business, while the French supplier reported EUR 5.2 billion in H1 2026 revenue. The transaction adds scale to OPmobility's lighting strategy and is scheduled for completion in H2 2027.

Lighting deal adds Asian scale

According to Reuters on September 30, 2026, OPmobility agreed to acquire Hyundai Mobis' lighting business for an enterprise value of KRW 600.0 billion, equivalent to USD 443.00 million in the report. The agreement covers the full business and remains subject to customary regulatory approvals.

MarkLines reported on September 30, 2026 that the transaction includes five factories across South Korea, China, Mexico and the Czech Republic. The acquired activity generated KRW 2.5 trillion in revenue during 2025, giving investors a concrete measure of the business being added.

Revenue and margins set the baseline

OPmobility reported EUR 5.2 billion of revenue, EUR 488.0 million of EBITDA and EUR 102.0 million of net income for the first half of 2026, according to Ideal Investisseur on September 30, 2026. The reported EBITDA margin was 9.4 percent, placing profitability alongside the acquisition as the main execution test.

Historical context is also constructive: OPmobility's operating margin reached 4.8 percent in fiscal year 2025, up from 3.8 percent in fiscal year 2024, according to LightSource. The five acquired factories would be added to a group footprint of 152 plants, a measurable expansion of industrial reach.

Market value stays in focus

OPmobility was valued at EUR 1.7 billion on September 30, 2026. Its Euronext Paris quote was EUR 12.05 at 1:25 p.m. CEST on September 30, 2026, while the 52-week range stood at EUR 11.72 to EUR 18.16. The market response now depends on whether the planned 2027 integration converts the acquired revenue base into higher group profitability.