Samvardhana Motherson International has completed the acquisition of remaining 50% stake in Fritzmeier Motherson Cabin Engineering from F Holdings GmbH, Austria on March 20, 2023. With this, Fritzmeier Motherson Cabin Engineering has become wholly owned subsidiary of the Company.
Samvardhana Motherson International is one of the world’s leading specialized automotive component manufacturing companies for OEMs. The company, formerly known as Motherson Sumi Systems was established in 1986 as a joint venture with Sumitomo Wiring Systems.