Motherson Sumi Systems

Motherson Sumi Systems Ltd, through its subsidiary Motherson Rolling Stock Systems GB Ltd, signed a definitive agreement to acquire Bombardier Transportation's electrical components and systems business in Derby, UK, for approximately £10.87 million. The deal includes assets, employees, and inventories, and is expected to close between April and June 2019.

Indian car wiring maker Motherson Sumi Systems Ltd is in early-stage talks with German peer Leoni AG over a possible merger, which could be worth more than €1 billion. The deal structure is unclear and may not succeed.

Motherson Sumi Systems Ltd. has completed its $201 million acquisition of French-based auto interiors supplier Reydel Automotive Group. Reydel, now called Samvardhana Motherson Reydel Companies, had been owned by Cerberus Capital Management LP.

Motherson Sumi Systems announced a capital expenditure plan of Rs 2,000 crore for FY19, with Rs 350 crore allocated for Indian operations, to expand and complete production facilities globally.

Motherson Sumi Systems is in advanced talks to acquire three companies: a European company for about $500 million, a Japanese company for $50-80 million, and a US company for $200-250 million. These are in addition to the recently announced Reydel Automotive deal.

Motherson Sumi Systems Limited is finalizing two new acquisitions in the automotive space, with one agreement already finalized. Additionally, more than 16 new plants are expected to be set up.

Motherson Sumi Systems Ltd (MSSL) acquired Finnish auto component maker PKC Group Plc for €571 million, becoming its controlling shareholder.

India-based Motherson Sumi Systems Ltd has agreed to buy Finnish truck wire maker PKC Group for €571 million ($609 million), creating a leading supplier of wiring systems for the transportation industry.