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Auto Components & Equipments
Acquisitions15 Dec 2024, 12:27 am

Samvardhana Motherson International Acquires 100% Stake in Tier 2 Automotive Supplier Baldi for USD 7.8 Million

AI Summary

Samvardhana Motherson International Limited (SAMIL) has approved an acquisition via its wholly owned subsidiary, Samvardhana Motherson Automotive Systems Group B.V. (SMRP B.V). The target is Baldi Industria e Comercio Ltda., a Tier 2 automotive supplier providing wrapping solutions and soft touch surfaces for various interior components. The transaction is a cash consideration of BRL 47 million (~USD 7.8 million) and is expected to be completed by Q1FY2026. Upon closing, SAMIL will hold 100% of the Target. The acquisition will provide high level of vertical integration, support existing module and polymer footprint in South America, facilitate cost optimization, enhance operational efficiency, increase content per vehicle, and improve overall competitiveness by offering locally developed solutions for the South American Market.

Key Highlights

  • SAMIL to acquire 100% stake in Baldi Industria e Comercio Ltda.
  • Transaction value of BRL 47 million (~USD 7.8 million)
  • Acquisition to enhance operational efficiency and support existing module and polymer footprint in South America
  • Baldi is a Tier 2 automotive supplier providing wrapping solutions and soft touch surfaces
  • Expected to be completed by Q1FY2026
MOTHERSON
Auto Components & Equipments
Samvardhana Motherson International Ltd

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