Motherson to acquire German auto parts maker SAS Autosystemtechnik for €540M

Samvardhana Motherson Automotive Systems Group (SMRPBV) has agreed to acquire SAS Autosystemtechnik GmbH from Faurecia for an enterprise value of €540 million. The deal is expected to close by Q2 FY24.

“The enterprise value of the business is 540 million euros and the transaction will be funded by a mix of debt and internal accruals.”timesofindia.indiatimes.com

• 3 sources
• timesofindia.indiatimes.comMotherson buys German auto parts coAgenciesFeb 20, 2023
• economictimes.indiatimes.comSAMIL: Samvardhana Motherson's acquisition of SAS neutral for its rating: Fitch - The Economic TimesNehal ChaliawalaFeb 23, 2023
• vorafin.comM&A: Samvardhana Motherson’s subsidiary acquires 100% stake in SAS Autosystemtechnik - Vora Corporate FinanceVora Corporate FinanceMar 18, 2023

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