# Hero Motors Company acquires strategic stake in Hewland Engineering

Hero Motors Company acquired a strategic stake in UK-based transmission design technology firm Hewland Engineering for an undisclosed sum, announced on January 18, 2021.

- Type: Acquisition
- Announced: 2021-01-18
- Where: United Kingdom
- Status: completed
- Products: transmission products, transmissions for electrified passenger cars
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hero Motors](https://endata.com/companies/23878.md) (acquirer)
- [Hewland Engineering](https://endata.com/companies/23879.md) (target)

## Sources

- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/hero-motors-acquires-strategic-stake-in-hewland-engineering-for-undisclosed-amount/80330570), 2021-01-18: "This investment represents a significant strategic inflection point for us in the transmission product segment."
- [thestatesman.com](https://www.thestatesman.com/business/hero-motors-acquires-stake-hewland-engineering-1502947340.html), 2021-01-19: "The acquisition will enable Hero Motors to create a competitive single source entity to design and manufacture high quality transmission products, particularly in the emerging EV segment, to OEMs across North America, Europe and India."

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