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Samvardhana Motherson subsidiary to acquire Yachiyo India Manufacturing · Endata

◂ Announcements

Mar 19, 2024ACQUISITIONIndia

Samvardhana Motherson subsidiary to acquire Yachiyo India Manufacturing

MSSL Mideast, a wholly-owned subsidiary of Samvardhana Motherson International Limited, will acquire 100% of Yachiyo India Manufacturing Private Limited, an Indian subsidiary of Yachiyo Industry Co. The deal is expected to close by March 2024.

Status

Announced

Productsautomobile parts like sunroofs, fuel tanks, resin products

CompaniesHonda Motor Co., Ltd. partner Yachiyo Industry target Samvardhana Motherson International Limited acquirer MSSL Mideast acquirer Yachiyo India Manufacturing Private Limited target

Sectors#Automotive Components

“MSSL Mideast (FZE) which is a 100% subsidiary of SAMIL will acquire 100% of Yachiyo's Indian subsidiary i.e., Yachiyo India Manufacturing Private Limited (YIM).”auto.economictimes.indiatimes.com

1 source
auto.economictimes.indiatimes.comSamvardhana Motherson’s subsidiary MSSL Mideast to acquire Yachiyo India Manufacturing, ETAutoKriti SaraiyaMar 20, 2024

Summarized from public sources; check the original articles before acting on it.

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