# Samvardhana Motherson to acquire 95% stake in Atsumitec for $57 million

Samvardhana Motherson Ltd. announced plans to acquire a 95% stake in Japan-based Atsumitec for $57 million in an all-cash deal, also purchasing a 49% stake in Atsumitec Indonesia from Honda Motor.

- Type: Acquisition
- Announced: 2024-12-07
- Where: Japan
- Value: $57.0M
- Status: announced
- Products: high-precision machined components, gear shifters, chassis parts, transmission parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Honda Motor Co., Ltd.](https://endata.com/companies/16181.md) (partner)
- [Samvardhana Motherson Group](https://endata.com/companies/28205.md) (acquirer)
- [Atsumitec](https://endata.com/companies/71973.md) (target)

## Sources

- [themachinemaker.com](https://themachinemaker.com/news/samvardhana-motherson-to-acquire-majority-stake-in-atsumitec-for-57-million/), 2024-12-07: "Samvardhana Motherson Ltd., a leading auto components manufacturer, has announced plans to acquire a 95% stake in Japan-based Atsumitec through an all-cash deal valued at $57 million."

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