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Samvardhana Motherson International Ltd. has completed the acquisition of Baldi Industria E Comercio Ltda., a Brazil-based automotive component manufacturer, strengthening its presence in South America.
Samvardhana Motherson Automotive Systems Group BV, a subsidiary of Samvardhana Motherson International Ltd., agreed to acquire Brazil-based automotive supplier Baldi Industria E Comercio Ltda for $7.8 million. The transaction is expected to close in Q1 of fiscal year 2025/26.