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Motherson Sumi Systems inks deal to acquire Reydel for $201 million

03 Apr 2018 Evaluate

Motherson Sumi Systems (MSSL), through its step down subsidiary, Samvardhana Motherson Automotive Systems Group B.V. (SMRP BV) has executed the transaction documents for the proposed acquisition of Reydel Automotive Group (Reydel), a privately held portfolio company of Cerberus Capital Management, L.P. (Cerberus) that manufactures interior components and modules for global automotive customers. The purchase price for the transaction is $201 million. This would be the 21st acquisition from the Samvardhana Motherson Group and is intended to further bolster Motherson’s offerings in the automotive Interiors space.

The transaction will be discussed with employee representatives and, subject to obtaining customary regulatory and other approvals, could close within the next four to six months. The consideration is expected to be financed using existing cash and banking limits at SMRPBV.

Evercore acted as exclusive financial advisor to Cerberus and Reydel, and Linklaters LLP acted as legal advisor. Latham & Watkins acted as legal advisor to Motherson for the transaction and Norton Rose as legal advisor to Motherson for Anti-trust related matters.

Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.

SamvardhanaMotherson Share Price

125.00 2.30 (1.87%)
17-Apr-2026 16:59 View Price Chart
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Company Name CMP
SamvardhanaMotherson 125.00
Tube Investments 2789.65
Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
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