Samvardhana Motherson completes Autoelectric Group acquisition
Samvardhana Motherson International Limited announced the completion of the acquisition of Autoelectric Group by its indirect wholly owned subsidiary, Motherson Global Investment B.V. (MGI BV). This acquisition, previously disclosed on December 22, 2025, and June 30, 2026, involves the business, assets, and real estate of Nexans autoelectric GmbH and Elektrokontact GmbH, along with their foreign subsidiaries. The transaction was finalized on July 03, 2026, after fulfilling all conditions precedent. Consequently, Autoelectric is now an indirect wholly owned subsidiary of Samvardhana Motherson International. The filing also lists the step-down subsidiaries and branch offices of Autoelectric across various countries including the United States, Mexico, China, Tunisia, Ukraine, Romania, Slovakia, Czech Republic, and Switzerland.
Key Highlights
- Samvardhana Motherson International Ltd has completed the acquisition of Autoelectric Group.
- The acquisition was made through its indirect wholly owned subsidiary, Motherson Global Investment B.V.
- Autoelectric Group is now an indirect wholly owned subsidiary of the company.
- The deal includes assets, real estate, and subsidiaries of Nexans autoelectric GmbH and Elektrokontact GmbH.
- The transaction was completed on July 03, 2026, post fulfillment of conditions precedent.
Price Impact
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