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Samvardhana Motherson International Limited, through its indirect subsidiary Motherson Global Investments B.V., completed the acquisition of Nexans Autoelectric GmbH and Elektrokontakt GmbH (collectively Autoelectric) on July 3, 2026.
Nexans announced exclusive negotiations with Samvardhana Motherson International Limited (Motherson) for the sale of its wiring harness business Autoelectric for an enterprise value of €207 million. Autoelectric, headquartered in Floss, Germany, generated €749 million in sales in 2024.