Motherson Sumi subsidiary buys 60% stake in Chinese auto mirror maker

Samvardhana Motherson Automotive Systems Group BV (SMRPBV), through its joint venture SMR NBHX, has closed the acquisition of a 60% stake in Nanchang JMCG Mekra Lang Vehicle Mirror, a Chinese manufacturer of automotive mirrors. The deal was announced in October 2021 and closed in November 2021.

“Motherson Sumi Systems said that its subsidiary Samvardhana Motherson Automotive Systems Group BV (SMRPBV) has closed the acquisition of a majority stake in Nanchang JMCG Mekra Lang Vehicle Mirror”business-news-today.com

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• business-news-today.comMotherson Sumi subsidiary buys 60% stake in Chinese auto mirrorSrinathNov 21, 2021

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