# Motherson Sumi in early merger talks with Leoni

Indian car wiring maker Motherson Sumi Systems Ltd is in early-stage talks with German peer Leoni AG over a possible merger, which could be worth more than €1 billion. The deal structure is unclear and may not succeed.

- Type: Acquisition
- Announced: 2018-12-14
- Where: Germany
- Value: $1.14B (1.00B EUR)
- Status: rumored
- Products: car wiring harnesses, automotive interior products
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Motherson Sumi Systems](https://endata.com/companies/18536.md)
- [Motherson Sumi Systems](https://endata.com/companies/18536.md) (acquirer)
- [Leoni](https://endata.com/companies/23490.md) (target)

## Sources

- [yahoo.com](https://www.yahoo.com/news/exclusive-indias-motherson-sumi-early-092006418.html), 2018-12-14: "Indian car wiring maker Motherson Sumi Systems Ltd is in early talks with German peer Leoni AG over a possible merger of the pair."
- [reuters.com](https://www.reuters.com/article/markets/asia/exclusive-indias-motherson-sumi-in-early-stage-merger-talks-with-leoni-sourc-idUSKBN1OD0ZH/), 2018-12-14: "Any deal with Leoni could be worth more than 1 billion euros ($1.1 billion) but financing still needs to be worked out, one of the people said."
- [aol.com](https://www.aol.com/news/exclusive-indias-motherson-sumi-early-stage-merger-talks-092532665--finance.html), 2018-12-14: "Any deal with Leoni could be worth more than 1 billion euros ($1.1 billion) but financing still needs to be worked out, one of the people said."
- [reuters.com](https://www.reuters.com/article/business/exclusive-indias-motherson-sumi-in-early-stage-merger-talks-with-leoni-sourc-idUSKBN1OC24M/), 2018-12-14: "Any deal with Leoni could be worth more than 1 billion euros ($1.1 billion) but financing still needs to be worked out, one of the people said."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.