# Samvardhana Motherson to acquire majority stake in Yachiyo Industry

Samvardhana Motherson International Limited, through its subsidiary, will acquire 100% of Yachiyo Industry's shares, with Yachiyo's 2-wheeler business transferred to Honda Motor. SAMIL will acquire 81% equity in Yachiyo's 4-wheeler business, forming an 81:19 joint venture with Honda Motor. The equity value is JPY 22.9 billion.

- Type: Acquisition
- Announced: 2023-10-04
- Where: Japan
- Status: announced
- Products: sunroofs, fuel tanks, resin products
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Honda Motor Co., Ltd.](https://endata.com/companies/16181.md) (partner)
- [Yachiyo Industry](https://endata.com/companies/29228.md) (target)
- [Samvardhana Motherson International Limited](https://endata.com/companies/65550.md) (acquirer)

## Sources

- [blinkx.in](https://blinkx.in/news/business/samvardhana-motherson-to-acquire-majority-stake-in-yachiyo-industry), 2024-08-02: "Samvardhana Motherson International Limited (SAMIL) is set to acquire a significant stake in Yachiyo Industry Co., Ltd."

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