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SMR Automotive Mirrors UK Limited, a subsidiary of Samvardhana Motherson International, signed a Share Purchase Agreement with Ichikoh Industries to acquire 100% of Misato Industries Co. Ltd. in Japan and Ichikoh (Wuxi) Automotive Parts Co., Ltd. in China. The transaction is expected to close in 6-8 months.
“SMR Automotive Mirrors UK Limited has entered into a Share Purchase Agreement with Ichikoh Industries, Ltd. for the acquisition of 100% equity share capital held by Ichikoh in Misato Industries Co. Ltd. and Ichikoh (Wuxi) Automotive Parts Co., Ltd.”marketscreener.com
Summarized from public sources; check the original articles before acting on it.