Motherson Acquires Germany’s SAS Autosystemtechnik
The subsidiary of Samvardhana Motherson International Ltd. (SAMIL) announced that it had reached an agreement to acquire a 100 percent stake in SAS Autosystemtechnik GmbH, which is based in Germany and has a business value of 540 million euros. According to Motherson, Samvardhana Motherson Automotive Systems Group BV (SMRPBV), a 100% subsidiary of Samvardhana Motherson […]
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