
Acquisitions6 Feb 2026, 03:18 pm
Samvardhana Motherson International Subsidiary to Acquire Major Stakes in Yutaka Giken and Shinnichi Kogyo
AI Summary
Samvardhana Motherson International Limited has submitted an update on the acquisition of 81% stakes with voting rights in Yutaka Giken Co., Ltd. (YGCL) and 11% stake in Shinnichi Kogyo Co., Ltd. (Shinnichi) through its indirect wholly owned subsidiary, Motherson Global Investments B.V. (MGI BV). YGCL is a Japan-based company listed on the Tokyo Stock Exchange, and Shinnichi is a subsidiary of YGCL with 62% ownership held by YGCL. The acquisition process, which includes obtaining necessary regulatory approvals and completing procedures under competition laws of several countries, is ongoing. MGI BV has announced that the tender offer will commence on February 9, 2026, under the Financial Instruments and Exchange Act of Japan.
Key Highlights
- Samvardhana Motherson International Limited's subsidiary to acquire 81% stakes in Yutaka Giken Co., Ltd. and 11% in Shinnichi Kogyo Co., Ltd.
- Acquisition to be carried out through Motherson Global Investments B.V.
- Yutaka Giken Co., Ltd. is a Japan-based company listed on the Tokyo Stock Exchange.
- Shinnichi Kogyo Co., Ltd. is a subsidiary of Yutaka Giken Co., Ltd. with 62% ownership held by Yutaka Giken Co., Ltd.
- Tender offer to commence on February 9, 2026, under the Financial Instruments and Exchange Act of Japan.