Samvardhana Motherson International Limited

Samvardhana Motherson International Ltd (SAMIL) agreed to acquire 100% of Rollon Hydraulics Private Ltd, a precision machining company serving the agriculture and off-highway segments, for Rs 103 crore. The deal is expected to close in Q2 FY2023-24.

Samvardhana Motherson International Ltd, via its wholly-owned subsidiary SMRP BV, has agreed to acquire an 81% stake in Yachiyo Industry Co.'s four-wheeler business, forming an 81:19 joint venture with Honda Motor. The transaction follows Honda's tender offer to make Yachiyo a wholly-owned subsidiary.

Samvardhana Motherson International, through its subsidiary SMRPBV, signed a binding undertaking to acquire 100% of Cirma Entreprise from Vinci Energies for an enterprise value of €7.2 million. The transaction is expected to close between October and December 2023.

Samvardhana Motherson International Limited agreed to acquire an additional 30% stake in Youngshin Motherson Auto Tech Limited from Young-Shin Components Co., Ltd. for INR 66 million, increasing its holding to 80%.

Samvardhana Motherson Automotive Systems Group (SMRPBV) has agreed to acquire SAS Autosystemtechnik GmbH from Faurecia for an enterprise value of €540 million. The deal is expected to close by Q2 FY24.

Samvardhana Motherson International (SAMIL) announced it is buying SAS Autosystemtechnik, a manufacturer of cockpit modules, from Faurecia for Rs 4,790 crore (€540 million). The acquisition is expected to close between July and September 2023.

Samvardhana Motherson International Limited, through its Vision systems division, has agreed to buy 100% of the mirror business of Ichikoh Industries, a subsidiary of Valeo SE in Japan.