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M&M increases stake to 74.97% in Sampo Rosenlew

24 Sep 2020 Evaluate

Mahindra & Mahindra has increased its shareholding in Sampo Rosenlew from 49.14% to upto 74.97%. With this, Sampo would become a subsidiary of the Company. The company has been a shareholder in Sampo Rosenlew since July 2016.

Mahindra & Mahindra is the world’s largest farm tractor manufacturer by volume. Harvesting machinery is the second largest category in the global farm equipment industry. Mahindra’s scale in tractors and Sampo’s expertise in combine harvesters allows both companies to offer a broader product portfolio to address the needs of farmers in various countries. Sampo brings to Mahindra world class technology in combine harvesting for the core Mahindra markets of India, Asia and Africa. The Mahindra backing provides Sampo with growth opportunities in newer export markets, also enabling Sampo to leverage Mahindra’s strength in manufacturing, sourcing, and distribution.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.

Mahindra & Mahindra Share Price

3199.35 -22.00 (-0.68%)
17-Apr-2026 16:59 View Price Chart
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