MoneyWorks4Me

Samvardhana Motherson acquires balance 50% stake in Fritzmeier Motherson Cabin Engineering

21 Mar 2023 Evaluate

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.

Peers
Company Name CMP
SamvardhanaMotherson 162.25
Tube Investments 2612.90
Bosch 47872.20
UNO Minda 1206.00
Bombay Burmah Trdg. 1400.00
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