Samvardhana Motherson acquires Lumen Group and Deltacarb SA for ₹575 crore

Samvardhana Motherson International (SAMIL) is acquiring Australia's Lumen Group and Switzerland's Deltacarb SA for approximately ₹575 crore. The Lumen Group acquisition has an enterprise value of AUD 93 million and is expected to close by Q4 FY2024.

“Auto components major Samvardhana Motherson International (SAMIL) on Friday said it is acquiring Australia's Lumen Group and Deltacarb SA of Switzerland for around ₹575 crore.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comSamvardhana Motherson acquires Australia’s Lumen Group, Deltacarb SA of Switzerland for ₹575 crore - The HinduBusinessLineOur BureauDec 15, 2023

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