# Motherson Sumi Systems completes acquisition of majority stake in CIM Tools

Motherson Sumi Systems Limited (MSSL) completed the acquisition of a 55% stake in CIM Tools Private Limited, which holds interests in Aero Treatment Private Limited and Lauak CIM Aerospace, marking MSSL's entry into the aerospace industry.

- Type: Acquisition
- Announced: 2022-04-06
- Where: Noida, India, India
- Status: completed
- Products: specialised machining and sub-assembly of aerospace components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Motherson Sumi Systems](https://endata.com/companies/18536.md) (acquirer)
- [CIM Tools](https://endata.com/companies/58261.md) (target)
- [CIM Tools Private](https://endata.com/companies/62144.md) (target)

## Sources

- [thenewsstrike.com](https://thenewsstrike.com/motherson-drive-sits-aero-space-business-furtherwith-completion-of-acquisition-of-the-majority-stake-in-cim-tools-private-limited), 2022-04-06: "We are delighted that all acquisition-related formalities have now been completed, and we are happy to welcome CIM Tools to the Motherson family."
- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/motherson-sumi-completes-acquisition-of-55-pc-stake-in-cim-tools/articleshow/90691535.cms), 2022-04-06: "We are delighted that all acquisition related formalities have now been completed, and we are happy to welcome CIM Tools to the Motherson family."
- [cnbctv18.com](https://www.cnbctv18.com/business/companies/motherson-sumi-completes-acquisition-of-55-stake-in-cim-tools-13071082.htm), 2022-04-06: "We are delighted that all acquisition related formalities have now been completed, and we are happy to welcome CIM Tools to the Motherson family."
- [zeebiz.com](https://www.zeebiz.com/automobile/news-motherson-sumi-completes-acquisition-of-55-pc-stake-in-cim-tools-182343), 2022-04-07: "We are delighted that all acquisition related formalities have now been completed, and we are happy to welcome CIM Tools to the Motherson family."

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