# Mahindra & Mahindra increases stake in Sampo Rosenlew to 79.13%

Mahindra & Mahindra has acquired an additional 1,050 shares in its Finland-based subsidiary Sampo Rosenlew Oy for €3.5 million (Rs 31.15 crore), increasing its stake from 74.97% to 79.13%. Sampo Rosenlew is a manufacturer of combine harvesters.

- Type: Acquisition
- Announced: 2020-12-09
- Where: Finland
- Value: $4.20M (3.50M EUR)
- Status: completed
- Products: combine harvesters
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mahindra & Mahindra](https://endata.com/companies/30042.md) (acquirer)
- [Sampo Rosenlew](https://endata.com/companies/51749.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/mm-ups-stake-in-finland-based-subsidiary/article33290957.ece), 2020-12-09: "It is imperative that the company builds a strong position in this product line for India and other export markets."

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