Samvardhana Motherson International’s (SAMIL) board of directors has approved acquisition by Motherson Technology Service SG Pte (MTS SG), a step-down subsidiary of SAMIL, of 14.29% stake of Motherson Technology Services Kabushiki Gaisha (MTSKG). Post completion of the transaction, Motherson Technology Service SG Pte will own 100% of MSTKG. Thereupon, the beneficial interest of SAMIL in MTSKG will increase from 85.71% to 100%. The transaction is expected to be closed by Q1FY26.
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.
