# Motherson Group acquires 60% stake in Nanchang JMCG Mekra Lang Vehicle Mirror

Samvardhana Motherson Reflectec (SMR), through its joint venture SMR NBHX, will acquire a 60% stake in Nanchang JMCG Mekra Lang Vehicle Mirror, a Chinese manufacturer of automotive mirrors. JMCG will retain 40%. The deal is expected to close within three months.

- Type: Acquisition
- Announced: 2021-10-08
- Where: Nanchang, Jiangxi, China
- Status: announced
- Products: automotive mirrors for passenger vehicles, pick-up trucks, and commercial vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Jiangling Motors Corporation Group](https://endata.com/companies/40702.md) (partner)
- [Samvardhana Motherson Reflectec](https://endata.com/companies/58275.md) (acquirer)
- [Nanchang JMCG Mekra Lang Vehicle Mirror](https://endata.com/companies/58276.md) (target)

## Sources

- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-components/motherson-group-entity-acquires-major-stake-in-chinese-vehicle-mirror-company/86863426), 2021-10-08: "This acquisition is of strategic importance to us. We see a lot of synergies in the products and processes of both the companies."

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