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…
Motherson, in collaboration with Marelli, announced the inauguration of Motherson Automotive Lighting Tool Room (MALT), a ground-breaking facility that marks a significant milestone in automotive lighting technology. This is the first-ever tool room in India dedicated to automotive lighting. The plant was inaugurated by Mr. R.C. Bhargava, Chairman of Maruti Suzuki India Ltd., and Mr.…
Samvardhana Motherson Automotive Systems Group BV (SMRPBV) a 100 % subsidiary of Samvardhana Motherson International Limited (SAMIL) has entered into an agreement to acquire 100% stake in SAS Autosystemtechnik GmbH (Germany) (SAS) from Faurecia, a company of the FORVIA Group (an entity listed on Paris stock exchange). “SAS” is a leading global provider of assembly…
Samvardhana Motherson Automotive Systems Group BV (SMRPBV), through its Vision systems division, has entered into an agreement with Ichikoh Industries (a subsidiary of Valeo SE) in Japan to buy 100% stake of its mirror business at an Enterprise Value of JPY 5.2 Bn. The transaction includes Ichikoh’s mirror business (development and manufacturing of automotive mirrors…
Motherson Sumi Systems Limited (MSSL) announced the acquisition of a majority stake in CIM Tools Private Limited, a Bengaluru-based aerospace supply chain company. This milestone acquisition will mark MSSL’s entry into the aerospace industry, the company said in its statement. MSSL will acquire 55% stake from the promoters of CIM Tools Private Limited (CIM). CIM…
Motherson Sumi Systems Limited (MSSL), via its Mexican subsidiary, Motherson Rolling Stocks S. de R.L. de C.V. (MRS), has successfully completed the acquisition of assets and activities of Electrical Wiring Interconnection Systems (EWIS) performed at Bombardier Transportation’s manufacturing site in Huehuetoca, Mexico (BT Ensambles México). MRS is part of the Motherson Rolling Stock Division which…
Samvardhana Motherson Automotive Systems Group BV (SMRPBV), announced the acquisition of a majority stake in Plast Met Plastik Metal San. İmalatveTic.A.Ş.(PM-Bursa) and Plast Met Kalıp San.veTic.A.Ş.(PM-Istanbul) together known as Plast Met group (Turkey) through its subsidiary Samvardhana Motherson Reflectec (SMR). SMR will acquire 75% stake and thus will enter into a partnership with the founder…