Samvardhana Motherson acquires Brazilian auto component firm Baldi for $7.8 million

Samvardhana Motherson Automotive Systems Group BV, a subsidiary of Samvardhana Motherson International Ltd., agreed to acquire Brazil-based automotive supplier Baldi Industria E Comercio Ltda for $7.8 million. The transaction is expected to close in Q1 of fiscal year 2025/26.

“Samvardhana Motherson Automotive Systems Group BV (SMRPBV), a wholly owned subsidiary of Indian auto components group Samvardhana Motherson International Ltd. (SAMIL), has agreed to acquire Brazil-based automotive supplier Baldi Industria E Comercio Ltda for $7.8 million.”autotechinsight.spglobal.com

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• autotechinsight.spglobal.comSamvardhana Motherson acquires Brazilian auto component firm Baldi for $7.8 million - Automotive Technology Insight | Forecasts | Industry News | Supply ChainDec 17, 2024

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