# Motherson Sumi Systems to acquire Bombardier's UK rolling stock electrical business

Motherson Sumi Systems Ltd, through its subsidiary Motherson Rolling Stock Systems GB Ltd, signed a definitive agreement to acquire Bombardier Transportation's electrical components and systems business in Derby, UK, for approximately £10.87 million. The deal includes assets, employees, and inventories, and is expected to close between April and June 2019.

- Type: Acquisition
- Announced: 2019-02-28
- Where: Derby, UK, United Kingdom
- Value: $14.2M (10.9M GBP)
- Status: announced
- Products: electrical components and systems for rail, wiring harnesses, panel and cabinet build, electromechanical assemblies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Bombardier Transportation](https://endata.com/companies/260.md)
- [Bombardier Transportation](https://endata.com/companies/260.md) (target)
- [Motherson Sumi Systems](https://endata.com/companies/18536.md) (acquirer)
- [PKC Group](https://endata.com/companies/21567.md) (acquirer)
- [Motherson Rolling Stock Systems GB](https://endata.com/companies/37677.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2019/02/28/1744559/0/en/Motherson-Sumi-Systems-Ltd-announces-acquisition-of-Bombardier-s-UK-rolling-stock-electrical-component-and-systems-business.html), 2019-02-28: "MRSS will enter into a lease agreement for the part of Bombardier’s Derby site currently occupied by the business and will continue to operate the business with its current employees."
- [railengineer.co.uk](https://www.railengineer.co.uk/bombardier-sells-btros-cabling-business-to-motherson-sumi-systems/), 2019-02-28: "Bombardier Transportation has announced that it has signed an agreement with Motherson Rolling Stock Systems GB, a wholly owned subsidiary of Motherson Sumi Systems, transferring Bombardier’s assets in connection with the production and installation of electrical components and systems for applicati"
- [vccircle.com](https://www.vccircle.com/motherson-sumi-to-buy-bombardier-s-uk-electrical-component-systems-biz), 2019-03-01: "Motherson Sumi has agreed to pay 10.87 million pounds (Rs 102 crore or $14.4 million) for the transfer of assets, employees and inventories minus Bombardier's debt and cash."

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