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Uno Minda acquires 1.97% stake in Toyoda Gosei Minda India · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

May 24, 2024ACQUISITIONIndia

Uno Minda acquires 1.97% stake in Toyoda Gosei Minda India

Uno Minda Limited acquired a 1.97% stake in Toyoda Gosei Minda India Private Limited from Minda Investments Ltd for ₹16,97,53,500, strengthening its existing partnership.

Value

$2.04M (169.8M INR)

Status

Announced

Productsautomotive components

CompaniesUNO MINDA acquirer Toyoda Gosei Minda India Private Limited target Minda Nabtesco Automotive Private Limited target Nabtesco Automotive Corporation partner

Sectors#Automotive Components

“Uno Minda announced the acquisition of a 1.97% stake in Toyoda Gosei Minda India Private Limited (TGMI) from Minda Investments Ltd.”angelone.in

1 source
angelone.inUno Minda's Bold Moves: Stake Acquisitions & Plant Expansion | Angel OneMay 24, 2024

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

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