HL Klemove India

Activity by year

2026

Acquisition

Jul 22, 2026ACQUISITIONIndia, India$380.0M
Gabriel India unveils ₹3,166-crore plan to acquire stakes in HL Mando and HL Klemove India
Gabriel India announced Project Jupiter, a ₹3,166-crore plan to acquire 28.99% of HL Mando Anand India for ₹2,231 crore and 30% minus one share of HL Klemove India for $98.44 million (about ₹935 crore), deepening its Korean technology ties.
Gabriel India acquirer HL Klemove India target HL Mando Anand India target #Automotive Components thehindubusinessline.com
Jul 21, 2026ACQUISITIONIndia$98.4M
Gabriel India to buy 30% stake in HL Klemove India for Rs 948 crore
Gabriel India will acquire a 30% stake (minus one share) in HL Klemove India from South Korea's HL Klemove for approximately Rs 948 crore (USD 98.44 million), forming a joint venture to develop and manufacture autonomous driving and automotive electronics products in India.
HL Klemove partner HL Klemove target Gabriel India acquirer HL Klemove India target #Automotive Components #Semiconductors and Industrial Electronics autocarpro.in autotechinsight.spglobal.com auto.economictimes.indiatimes.com

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