# Samvardhana Motherson to acquire SAS Autosystemtechnik from Faurecia for Rs 4,790 crore

Samvardhana Motherson International (SAMIL) announced it is buying SAS Autosystemtechnik, a manufacturer of cockpit modules, from Faurecia for Rs 4,790 crore (€540 million). The acquisition is expected to close between July and September 2023.

- Type: Acquisition
- Announced: 2023-02-19
- Value: $585.0M (47.9B INR)
- Status: announced
- Products: cockpit modules, EV components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Faurecia](https://endata.com/companies/1483.md) (target)
- [Samvardhana Motherson International Limited](https://endata.com/companies/65550.md) (acquirer)
- [SAS Autosystemtechnik](https://endata.com/companies/68642.md) (target)

## Sources

- [business-standard.com](https://www.business-standard.com/article/companies/samvardhana-buys-faurecia-s-cockpit-modules-division-for-rs-4-790-crore-123021900846_1.html), 2023-02-19: "This acquisition will transform Motherson Group as a leading assembler of cockpit modules globally, with a special focus on electric vehicle (EV) models."

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