# Motherson Sumi to acquire majority stake in Turkey's Plast Met Group

Samvardhana Motherson Automotive Systems Group BV (SMRPBV) is acquiring a majority stake in Plast Met Plastik Metal San. İmalatveTic.A.Ş. and Plast Met Kalıp San.veTic.A.Ş. (Plast Met group) through its subsidiary Samvardhana Motherson Reflectec (SMR).

- Type: Acquisition
- Announced: 2021-01-18
- Where: Türkiye
- Status: announced
- Products: injection moulded parts, sub-assemblies for mirrors, trim modules, lighting systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Samvardhana Motherson Automotive Systems Group BV](https://endata.com/companies/52624.md) (acquirer)
- [Plast Met Plastik Metal San. İmalatveTic.A.Ş.](https://endata.com/companies/52625.md) (target)
- [Plast Met Kalıp San.veTic.A.Ş.](https://endata.com/companies/52626.md) (target)

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5259066/acquisition-motherson-sumi-to-acquire-majority-stake-in-turkey-based-plast-met-group), 2021-01-19: "Samvardhana Motherson Automotive Systems Group BV (SMRPBV) is acquiring a majority stake in Plast Met Plastik Metal San. İmalatveTic.A.Ş.(PM-Bursa) and Plast Met Kalıp San.veTic.A.Ş.(PM-Istanbul)—together known as Plast Met group (Turkey)—through its subsidiary Samvardhana Motherson Reflectec (SMR)"

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