# Samvardhana Motherson to acquire Cirma Entreprise for €7.2 million

Samvardhana Motherson International, through its subsidiary SMRPBV, signed a binding undertaking to acquire 100% of Cirma Entreprise from Vinci Energies for an enterprise value of €7.2 million. The transaction is expected to close between October and December 2023.

- Type: Acquisition
- Announced: 2023-06-15
- Where: France
- Value: $7.70M (7.20M EUR)
- Status: announced
- Products: Electrical Wiring and Interconnect Systems (EWIS)
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [VINCI Energies](https://endata.com/companies/16515.md) (partner)
- [Samvardhana Motherson International Limited](https://endata.com/companies/65550.md) (acquirer)
- [Cirma Entreprise](https://endata.com/companies/70863.md) (target)

## Sources

- [livemint.com](https://www.livemint.com/companies/news/samvardhana-motherson-to-buy-100-stake-in-france-based-cirma-entreprise-for-7-2-million-euros-11686847059226.html), 2023-06-15: "Motherson...announced that it will acquire a 100% stake in French-based Cirma Entreprise from Vinci Energies. The transaction is at an enterprise value of 7.2 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.