# 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.

- Type: Acquisition
- Announced: 2025-05-18
- Where: India
- Value: $26.5M (2.21B INR)
- Status: announced
- Products: plastic interior systems, integrated cockpits, door panels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [International Automotive Components](https://endata.com/companies/20983.md) (partner)
- [Lumax Auto Technologies](https://endata.com/companies/38681.md) (acquirer)
- [IAC International Automotive India](https://endata.com/companies/68655.md) (target)

## Sources

- [mobilityoutlook.com](https://www.mobilityoutlook.com/news/latl-to-fully-acquire-iac-india-eyes-stronger-ev-play-interior-solutions-leadership/), 2025-05-18: "This consolidation sharpens our strategic focus and builds scale across lighting, plastics, and interiors."
- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-components/lumax-auto-technologies-to-acquire-full-stake-in-iac-international-automotive-for-221-crore/121257577), 2025-05-19: "The consolidation will strengthen our strategic vision and enable future growth, building on the strong foundation to drive continuity, performance, and scalability."

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