Motherson Sumi Systems Ltd., through its joint venture SMR-NBHX, acquired a 60% stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co., Ltd., a Chinese manufacturer of automotive mirrors. The deal is expected to close by January 2022.
Samvardhana Motherson Automotive Systems Group BV (SMRPBV), through its joint venture SMR NBHX, has closed the acquisition of a 60% stake in Nanchang JMCG Mekra Lang Vehicle Mirror, a Chinese manufacturer of automotive mirrors. The deal was announced in October 2021 and closed in November 2021.
Samvardhana Motherson Reflectec (SMR), through its joint venture SMR NBHX, will acquire a 60% stake in Nanchang JMCG Mekra Lang Vehicle Mirror, a Chinese manufacturer of automotive mirrors. JMCG will retain 40%. The deal is expected to close within three months.