# 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.

- Type: Acquisition
- Announced: 2023-12-15
- Where: Australia
- Value: $69.0M (5.75B INR)
- Status: announced
- Products: OEM-certified automotive parts, accessories, dealer-fit products
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Lumen](https://endata.com/companies/57223.md) (target)
- [Samvardhana Motherson International Limited](https://endata.com/companies/65550.md) (acquirer)
- [Deltacarb SA](https://endata.com/companies/74460.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/samvardhana-motherson-acquires-australias-lumen-group-deltacarb-sa-of-switzerland-for-rs575-crore/article67641951.ece), 2023-12-15: "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."

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