# SAMIL to acquire 100% stake in SAS Autosystemtechnik for €540M

SAMIL is set to acquire 100% stake in Germany's SAS Autosystemtechnik for 540 million euros. SAS Autosystemtechnik is a global provider of cockpit module assembly for the automotive industry.

- Type: Acquisition
- Announced: 2023-03-15
- Where: Germany
- Value: $575.1M (540.0M EUR)
- Status: announced
- Products: cockpit module assembly
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [SAS Autosystemtechnik](https://endata.com/companies/68642.md) (target)
- [SAMIL](https://endata.com/companies/69128.md) (acquirer)

## Sources

- [etnownews.com](https://www.etnownews.com/markets/et-now-spotlight-auto-ancillaries-in-focus-india-is-very-strong-market-article-98665999), 2023-03-15: "SAMIL is set acquire 100% stake in Germany's SAS Autosystemtechnik for 540 million euros."

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