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LATL to acquire remaining 25% stake in IAC India · Endata

◂ Announcements

May 18, 2025ACQUISITIONIndia

LATL to acquire remaining 25% stake in IAC India

Lumax Auto Technologies Limited (LATL) announced plans to acquire the remaining 25% stake in IAC International Automotive India Pvt. Ltd. from International Automotive Components Group, making IAC India a wholly owned subsidiary. The transaction is expected to close by 31 May 2025.

Value

$26.5M (2.21B INR)

Status

Announced

Productsplastic interior systemsintegrated cockpitsdoor panels

CompaniesInternational Automotive Components partner Lumax Auto Technologies acquirer IAC International Automotive India target

Sectors#Automotive Components #Plastics and Polymers

“This consolidation sharpens our strategic focus and builds scale across lighting, plastics, and interiors.”mobilityoutlook.com

2 sources
mobilityoutlook.comLATL To Fully Acquire IAC India, Eyes Stronger EV Play, Interior Solutions Leadership - Mobility OutlookMobility Outlook BureauMay 18, 2025
auto.economictimes.indiatimes.comLumax Auto Stake In IAC International: Lumax Auto Technologies to acquire full stake in IAC International Automotive for ₹221 crore, ETAutoETAuto DeskMay 19, 2025

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

More from International Automotive Components

Feb 20, 2023ACQUISITIONIndia$71.0M
Lumax Auto Technologies to acquire majority stake in IAC Group's India business
International Automotive Components partner Lumax Auto Technologies acquirer auto.economictimes.indiatimes.com etnownews.com magzter.com
Dec 7, 2020EXPANSIONStrasburg, Shenandoah County, Virginia, United States$4.60M47 jobs
IAC Group to expand automotive components plant in Strasburg, Virginia
International Automotive Components vedp.org
Oct 20, 2020EXPANSIONCottondale (Tuscaloosa County) and Anniston (Calhoun County), Alabama, United States$55.9M182 jobs
International Automotive Components Group plans two Alabama factory expansions
International Automotive Components areadevelopment.com
Aug 10, 2018NEW FACILITYManesar, Haryana, India$2.00M220 jobsops 10 Aug 2018
IAC opens new automotive components plant in Manesar, India
International Automotive Components autocomponentsindia.com
Mar 8, 2018NEW FACILITYPrestice, Czech Republic, Czechia$40.0M800 jobsops 8 Mar 2018
IAC opens premium door panel plant in Prestice, Czech Republic
International Automotive Components just-auto.com
Oct 13, 2017PARTNERSHIP
Auria Solutions joint venture formed for soft trim and acoustic products
International Automotive Components partner Shanghai Shenda partner textilemedia.com

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