# Motherson subsidiary SMR UK to acquire Misato Industries and Ichikoh Wuxi from Ichikoh

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.

- Type: Acquisition
- Announced: 2022-09-26
- Where: Japan
- Status: announced
- Products: automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Motherson Sumi Systems](https://endata.com/companies/18536.md)
- [Ichikoh Industries](https://endata.com/companies/20161.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

- [marketscreener.com](https://www.marketscreener.com/quote/stock/SAMVARDHANA-MOTHERSON-INT-6496618/news/Samvardhana-Motherson-International-Agreements-Contracts-Arrangements-MOU-s-PARA-A-41857017/), 2022-09-26: "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."

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