Gabriel India (GIL) has entered into an Asset Purchase Agreement (APA) with Marelli Motherson Auto Suspension Parts (MMAS), Marelli Europe S.p.A. and Samvardhana Motherson International to acquire assets (fixed assets and inventory) from MMAS. Assets (fixed assets and inventory) of MMAS relating to manufacture of Shock absorber, Strut assembly and Gas Spring are proposed to be acquired under the APA.
This transaction is subject to satisfaction of customary conditions precedent including: execution of agreement with Marelli Suspension Systems Italy S.p.A (Marelli Italy) for grant of license to manufacture, assemble, sell, distribute and market certain products in India using technical information provided by Marelli Italy in India (License Agreement); and execution of agreement with Marelli Italy for provision of technical assistance and support.
The acquisition of assets under the APA will help GIL to strengthen its market presence in suspension and establish partnership with another strong technology provider. The acquisition of the assets under the APA shall be completed by Q1 FY2025-26 subject to satisfaction of the customary conditions precedent identified in the APA. The total purchase consideration payable under the APA is Rs 60.0 crore, subject to closing adjustments.
Gabriel India is a producer and supplier of high quality Ride Control Products for the Indian Automotive Industry participating in all segments i.e. Passenger Cars, Utility Vehicles, Commercial Vehicles and Two Wheelers.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: