# Motherson completes acquisition of Bolta US for $35.7 million

Motherson Group, through its subsidiary SMP Automotive Systems Alabama, has completed the acquisition of Alabama-based automotive plastics supplier Bolta US for $35.7 million in fixed assets. The deal was authorized by the US Bankruptcy Court.

- Type: Acquisition
- Announced: 2023-04-17
- Where: Alabama, United States
- Value: $35.7M
- Status: completed
- Products: plastic injection-molded components, chrome-plated parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Motherson](https://endata.com/companies/7485.md) (acquirer)
- [Bolta US](https://endata.com/companies/25702.md) (target)
- [SMP Automotive Systems Alabama](https://endata.com/companies/37189.md) (acquirer)

## Sources

- [autocarpro.in](https://www.autocarpro.in/news/motherson-completes-acquisition-of-alabama-based-plastics-supplier-bolta-us-114767), 2023-04-19: "The Motherson Group executed the transaction after Bolta US getting authorisation from the United States Bankruptcy Court, approving the sale of all its assets."

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