# Minda Industries board approves merger with Harita Seating Systems

Minda Industries' board approved the merger with Harita Seating Systems, also acquiring a 51% stake in Harita Fehrer Limited, a joint venture with Fehrer Automotive GmbH. Harita has 12 manufacturing plants across India.

- Type: Acquisition
- Announced: 2019-02-15
- Where: India, India
- Status: announced
- Products: driver seats, bus passenger seats, automotive seating
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Minda Industries](https://endata.com/companies/23875.md)
- [Minda Industries](https://endata.com/companies/23875.md) (acquirer)
- [Harita Seating Systems](https://endata.com/companies/37357.md) (target)
- [Harita Fehrer Limited](https://endata.com/companies/37358.md) (target)
- [Fehrer Automotive GmbH](https://endata.com/companies/37359.md) (partner)

## Sources

- [moneycontrol.com](https://www.moneycontrol.com/news/business/minda-industries-board-approves-merger-with-harita-seating-systems-3543801.html), 2019-02-15: "This is the largest merger and acquisition (M&A) transaction that Uno Minda has undertaken."
- [equitybulls.com](https://www.equitybulls.com/news/245542/mil-board-approves-merger-of-harita-seating-systems-with-mil), 2019-02-15: "This is the largest M&A transaction that UNO MINDA has undertaken."
- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-components/minda-industries-board-approves-merger-with-harita-seating-systems/68009005), 2019-02-15: "This is the largest merger and acquisition (M&A) transaction that Uno Minda has undertaken."
- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/business/india-business/minda-industries-announces-merger-with-harita-seating-systems/articleshow/68016352.cms), 2019-02-15: "This is the largest merger and acquisition transaction that Uno Minda has undertaken."
- [motorindiaonline.in](https://www.motorindiaonline.in/harita-seating-systems-to-be-merged-with-minda-industries/), 2019-03-22: "This merger is an important milestone for UNO MINDA. This is the largest M&A transaction that UNO MINDA has undertaken."

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