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Acquisitions22 Jul 2026, 10:42 am

Samvardhana Motherson Completes Yutaka Giken Acquisition

AI Summary

Samvardhana Motherson International Limited announced the final closing of its acquisition of 81% stakes in Yutaka Giken Co., Ltd. (YGCL) and 11% in Shinnichi Kogyo Co., Ltd. (Shinnichi) through its indirect wholly owned subsidiary, Motherson Global Investments B.V. (MGI BV). This transaction, initially disclosed on August 29, 2025, with a completion target of Q2 FY27, has now finalized on July 21, 2026. Following YGCL's buyback of shares from Honda Motor Co., Ltd., MGI BV holds 81% of YGCL, with Honda Motor retaining 19%. This acquisition marks a significant step in Samvardhana Motherson's strategic growth initiatives.

Key Highlights

  • Acquisition of 81% in Yutaka Giken and 11% in Shinnichi completed.
  • Transaction finalized on July 21, 2026, via indirect subsidiary MGI BV.
  • Post-buyback, MGI BV holds 81% of YGCL, Honda Motor 19%.
  • Acquisition aligns with Samvardhana Motherson's strategic growth plans.