Announced
Synopsis
Samvardhana Motherson International, a manufacturer of different kinds of parts essential to the automotive industry, agreed to acquire Dr. Schneider, a specialist offering products for car interior systems, surface technology and ventilation systems, for $132m. “We have been trusted upon by our customer to take over this business. With their continued support we believe we will be able to turnaround this business like we have done every time in the past. We see a lot of synergies and untapped potential in this business, specially on the R&D side. We are looking forward to welcoming 4,500 people on our journey towards our Vision 2025 and beyond," Vivek Chaand Sehgal, Motherson Chairman.
Show Details & Financials
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.