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Motherson Sumi Systems aiming to make deal with Leoni: Report

14 Dec 2018 Evaluate

Motherson Sumi Systems is reportedly in preliminary discussion to merge or buy Leoni, a largest maker of special automotive cable in Germany. Leoni is engaged in manufacturing wire systems, electric power distribution, modular cable harnesses, and battery cables.

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.

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