# Samvardhana Motherson to acquire Irillic Pvt Ltd for Rs 46.6 crore

Samvardhana Motherson International Ltd agreed to acquire a 74.19% stake in Irillic Pvt Ltd, a medical device imaging company, for Rs 46.6 crore.

- Type: Acquisition
- Announced: 2023-10-20
- Where: India
- Value: $5.60M (466.0M INR)
- Status: announced
- Products: real-time fluorescence imaging systems, 4K laparoscopy imaging systems
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Samvardhana Motherson International Limited](https://endata.com/companies/65550.md) (acquirer)
- [Irillic Pvt Ltd](https://endata.com/companies/73143.md) (target)

## Sources

- [newsdrum.in](https://www.newsdrum.in/business/samvardhana-motherson-international-announces-3-acquisitions-worth-over-rs-380-cr-1565078), 2023-10-20: "In the medical segment, Motherson said it will acquire Irillic Pvt Ltd, which is engaged in design, development, manufacturing, and distribution of real-time fluorescence imaging and 4K laparoscopy imaging systems for the medical device ecosystem."
- [mobilityoutlook.com](https://www.mobilityoutlook.com/news/motherson-strengthens-non-automotive-businesses-with-acquisitions/), 2023-10-20: "In the health and medical segment, Motherson has acquired Irillic Private Limited, an Indian company that designs, develops, manufactures, and distributes real-time fluorescence imaging and 4K laparoscopy imaging systems."
- [medicalbuyer.co.in](https://medicalbuyer.co.in/smi-acquires-73-05-stakes-in-irillic-for-rs-46-6-crore/), 2023-10-21: "The agreement is for investment of Rs 46.6 crore through a combination of primary infusion and secondary acquisition."

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