From India to Switzerland: TVS Motors Pedals into E-Mobility with Strategic Acquisition!

Unknown Apr 02, 2026 700 Views

TVS Motor Company has acquired the Swiss E-Mobility Group (SEMG) for a 75% stake at a cost of CHF 500,000. The move comes as part of TVS expansion in the e-mobility space and also to increase its foothold in Europe. Deal Details: TVS bought 75% of SEMG for CHF 525.78 per share worth CHF 1...