# Samvardhana Motherson acquires SMAST for Rs 25 crore

Samvardhana Motherson International Ltd acquired aerospace defence and security firm SMAST for nearly Rs 25 crore.

- Type: Acquisition
- Announced: 2023-10-20
- Where: India
- Value: $3.00M (250.0M INR)
- Status: completed
- Products: aerospace defence and security products
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Samvardhana Motherson International Limited](https://endata.com/companies/65550.md) (acquirer)
- [SMAST](https://endata.com/companies/73142.md) (target)
- [Irillic Pvt Ltd](https://endata.com/companies/73143.md) (target)
- [Samvardhana Motherson Adsys Tech Limited](https://endata.com/companies/73175.md) (target)
- [Motherson Auto Limited](https://endata.com/companies/73176.md) (partner)

## Sources

- [newsdrum.in](https://www.newsdrum.in/business/samvardhana-motherson-international-announces-3-acquisitions-worth-over-rs-380-cr-1565078), 2023-10-20: "Motherson has also acquired aerospace defence and security firm SMAST for nearly Rs 25 crore."
- [moneycontrol.com](https://www.moneycontrol.com/news/business/markets/samil-gains-on-acquisitions-in-aerospace-health-and-medical-businesses-11583641.html), 2023-10-23: "The board of directors of the company approved acquiring a 100 percent stake of Samvardhana Motherson Adsys Tech Limited from Motherson Auto Limited."

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