◂ Announcements

Aug 9, 2018ACQUISITIONFrance

Motherson Sumi Systems completes $201M acquisition of Reydel Automotive Group

Motherson Sumi Systems Ltd. has completed its $201 million acquisition of French-based auto interiors supplier Reydel Automotive Group. Reydel, now called Samvardhana Motherson Reydel Companies, had been owned by Cerberus Capital Management LP.

Value

$201.0M

Status

Completed

Productscockpit modulesinstrument panelsdoor trimconsoles

CompaniesCerberus Capital Management partner Motherson Sumi Systems acquirer Reydel Automotive Group target

Sectors#Automotive Components

“Motherson Sumi Systems Ltd. has completed its $201 million acquisition of French-based auto interiors supplier Reydel Automotive Group.”gardnerweb.com

1 source
gardnerweb.comIndia’s Motherson Sumi Acquires Interiors Supplier Reydel | Gardner Business MediaEdited by: GW Editorial TeamAug 9, 2018

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

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