Tag: Samvardhana Motherson International

Motherson to acquire 81% stake in Yachiyo Industry

Samvardhana Motherson International Limited (SAMIL) via 100% subsidiary of SMRP B.V. (SAHN B.V.) has entered into an agreement to acquire 81% stake in Yachiyo’s 4W (Y4W) Business. Motherson will form an 81%:19% strategic partnership with Honda Motor where both partners will drive the company towards a strong and sustainable future and be fully prepared for…

Samvardhana Motherson International acquires additional stake in Youngshin Motherson Auto Tech Limited

Samvardhana Motherson International Limited (SMIL) (formerly Motherson Sumi Systems Limited) announced it has acquired additional 30% stake in Youngshin Motherson Auto Tech Limited (YMAT). According to the company’s exchange filing, “The Board of Directors of Samvardhana Motherson International Limited (formerly Motherson Sumi Systems Limited) (the “Company”) at their meeting held on April 17, 2023 approved…

Samvardhana Motherson International acquires 51% stake in SIAAIPL

Samvardhana Motherson International Private Limited (formerly Motherson Sumi Systems Limited) announced it has acquired 51% stake in Saddles International Automotive and Aviation Interiors Private Limited (SIAAIPL). SIAAIPL is engaged in manufacturing of premium upholstery for passenger vehicles applications. According to the company’s exchange filing, “The Board of Directors of Samvardhana Motherson International Limited (formerly Motherson…