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Motherson Sumi to acquire PKC Group for €571M · Endata

◂ Announcements

Jan 19, 2017ACQUISITIONFinland

Motherson Sumi to acquire PKC Group for €571M

India-based Motherson Sumi Systems Ltd has agreed to buy Finnish truck wire maker PKC Group for €571 million ($609 million), creating a leading supplier of wiring systems for the transportation industry.

Value

$609.0M (571.0M EUR)

Status

Announced

Productswiring systemstruck wire harnesses

CompaniesMotherson Sumi Systems acquirer PKC Group target

Sectors#Automotive Components

“Combining the two companies will create a leading supplier of wiring systems and components for the worldwide transportation industry.”reuters.com

3 sources
reuters.comIndia's Motherson Sumi to buy Finland's PKC Group for $609 mlnJan 19, 2017
reuters.comIndian car parts firm Motherson to buy Finland's PKC for $609 millionJan 20, 2017
ekapija.comeKapija | Motherson Sumi Systems to take over managing rights in PKC Group – Indian company offers USD 609 millionJan 26, 2017

Summarized from public sources; check the original articles before acting on it.

More from Motherson Sumi Systems

Feb 28, 2019ACQUISITIONDerby, UK, United Kingdom$14.2M
Motherson Sumi Systems to acquire Bombardier's UK rolling stock electrical business
Bombardier Transportation Bombardier Transportation target globenewswire.com railengineer.co.uk vccircle.com
Dec 14, 2018ACQUISITIONGermany$1.14B
Motherson Sumi in early merger talks with Leoni
Motherson Sumi Systems Motherson Sumi Systems acquirer yahoo.com aol.com reuters.com
Aug 9, 2018ACQUISITIONFrance$201.0M
Motherson Sumi Systems completes $201M acquisition of Reydel Automotive Group
Cerberus Capital Management partner Motherson Sumi Systems acquirer gardnerweb.com
May 23, 2018INVESTMENTIndia$300.0M
Motherson Sumi Systems plans Rs 2,000 crore capex for FY19
Motherson Sumi Systems auto.economictimes.indiatimes.com
Apr 2, 2018ACQUISITIONUnited States$201.0M
Motherson Sumi Systems plans three acquisitions in 5-6 months
Motherson Sumi Systems Cerberus Capital Management investor thehindubusinessline.com cerberus.com asia.nikkei.com
Dec 17, 2017ACQUISITIONIndia
Motherson Sumi Systems to announce two new acquisitions soon
Motherson Sumi Systems acquirer auto.economictimes.indiatimes.com

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