# 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.

- Type: Acquisition
- Announced: 2021-11-21
- Where: Nanchang, China, China
- Status: completed
- Products: automotive mirrors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Jiangling Motors Corporation Group](https://endata.com/companies/40702.md) (partner)
- [Samvardhana Motherson Automotive Systems Group BV](https://endata.com/companies/52624.md) (acquirer)
- [Nanchang JMCG Mekra Lang Vehicle Mirror](https://endata.com/companies/58276.md) (target)
- [Ningbo Huaxiang Electronic](https://endata.com/companies/59163.md) (partner)

## Sources

- [business-news-today.com](https://business-news-today.com/motherson-sumi-subsidiary-buys-60-stake-in-chinese-auto-mirror-manufacturer/), 2021-11-21: "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"

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