Acquisitions4 Dec 2025, 09:02 pm
Samvardhana Motherson International to Acquire Remaining 10% Stake in Motherson Lumen Systems South Africa
AI Summary
Samvardhana Motherson International Limited (SAMIL) has announced its decision to acquire the remaining 10% stake in Motherson Lumen Systems South Africa Pty Ltd (Motherson Lumen SA), a company involved in the design, manufacture, and supply of OEM-certified automotive parts, accessories, and dealer fit products. The acquisition will make Motherson Lumen SA a wholly owned subsidiary of SAMIL. The transaction is expected to be completed by Q3 FY 2025-26, with a purchase consideration of ZAR 10 million (INR 51,900,000.0 approx.).
Key Highlights
- SAMIL to acquire the remaining 10% stake in Motherson Lumen SA
- Motherson Lumen SA is involved in the automotive parts industry
- The transaction is expected to be completed by Q3 FY 2025-26
- The purchase consideration is ZAR 10 million (INR 51,900,000.0 approx.)
- Post-acquisition, Motherson Lumen SA will become a wholly owned subsidiary of SAMIL