# Samvardhana Motherson to acquire additional 30% stake in Youngshin Motherson Auto Tech

Samvardhana Motherson International Limited agreed to acquire an additional 30% stake in Youngshin Motherson Auto Tech Limited from Young-Shin Components Co., Ltd. for INR 66 million, increasing its holding to 80%.

- Type: Acquisition
- Announced: 2023-04-16
- Where: India
- Value: $800K (66.0M INR)
- Status: announced
- Products: auto parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Samvardhana Motherson International Limited](https://endata.com/companies/65550.md) (acquirer)
- [Youngshin Motherson Auto Tech Limited](https://endata.com/companies/69760.md) (target)
- [Young-Shin Components Co., Ltd.](https://endata.com/companies/69761.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/SAMVARDHANA-MOTHERSON-INT-6496618/news/Samvardhana-Motherson-International-Limited-agreed-to-acquire-additional-30-stake-in-Youngshin-Moth-43529708/), 2023-04-16: "Samvardhana Motherson International Limited agreed to acquire additional 30% stake in Youngshin Motherson Auto Tech Limited from Young-Shin Components Co., Ltd. for INR 66 million."

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