Acquisitions9 Sept 2025, 07:01 pm
Samvardhana Motherson International Completes Acquisition of Remaining 25% Stake in Two Subsidiaries
AI Summary
Samvardhana Motherson International Limited has announced the completion of the acquisition of the remaining 25% stake in SMR Plast Met Molds And Tools Turkey Kalip Imalat Anonim Sirketi and SMR Plast Met Automotive Tec Turkey Plastik Imalat Anonim Sirketi. The acquisition was completed by Motherson SAS Turkey Otomotiv Servis Ticaret Limited Sirketi, a wholly owned indirect subsidiary of the Company, on September 9, 2025, following the necessary approvals and satisfaction of conditions precedents.
Key Highlights
- Samvardhana Motherson International Limited has completed the acquisition of the remaining 25% stake in two subsidiaries in Turkey.
- The acquisition was completed by Motherson SAS Turkey Otomotiv Servis Ticaret Limited Sirketi, a wholly owned indirect subsidiary of the Company.
- The acquisition was completed on September 9, 2025, following the necessary approvals and satisfaction of conditions precedents.