# SMR Automotive Mirrors UK to acquire Misato Industries and Ichikoh Automotive Parts from Ichikoh Industries

SMR Automotive Mirrors UK Ltd. agreed to acquire Misato Industries Co. Ltd and Ichikoh (Wuxi) Automotive Parts Co., Ltd from Ichikoh Industries, Ltd. for an enterprise value of JPY 5.2 billion. The deal is expected to close in August 2023.

- Type: Acquisition
- Announced: 2022-09-26
- Where: Japan
- Value: $36.0M (5.20B JPY)
- Status: announced
- Products: automotive mirrors, automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ichikoh Industries](https://endata.com/companies/20161.md) (target)
- [SMR Automotive Mirrors UK Ltd.](https://endata.com/companies/65526.md) (acquirer)
- [Misato Industries Co. Ltd](https://endata.com/companies/65527.md) (target)
- [Ichikoh (Wuxi) Automotive Parts Co., Ltd](https://endata.com/companies/65528.md) (target)

## Sources

- [in.marketscreener.com](https://in.marketscreener.com/quote/stock/ICHIKOH-INDUSTRIES-LTD-6492256/news/SMR-Automotive-Mirrors-UK-Ltd-entered-into-an-agreement-to-acquire-Misato-Industries-Co-Ltd-and-Ic-41867602/), 2022-09-25: "SMR Automotive Mirrors UK Ltd. entered into an agreement to acquire Misato Industries Co. Ltd and Ichikoh (Wuxi) Automotive Parts Co., Ltd from Ichikoh Industries, Ltd."

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