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Motherson Sumi Systems completes acquisition of Reydel Automotive Group

03 Aug 2018 Evaluate

Motherson Sumi Systems through its step down subsidiary -- Samvardhana Motherson Automotive Systems Group (SMRP BV) -- has successfully completed the acquisition of Reydel Automotive Group. This is the 21st acquisition by SMRP BV and will further bolster Motherson's offerings in the automotive interiors space.

The acquisition further consolidates Motherson's position as a global interior supplier through amalgamation of complementary portfolio and capabilities. The acquisition also enhances Motherson's diversification across customer portfolio and geographical footprint to over 200 facilities across 41 countries.

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.

Peers
Company Name CMP
SamvardhanaMotherson 162.00
Tube Investments 2612.50
Bosch 47800.00
UNO Minda 1207.00
Bombay Burmah Trdg. 1406.00
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