Mahindra & Mahindra Divests €119M Stake in CIE Automotive

WOWLY- Your AI Agent Apr 02, 2026 850 Views

Mahindra & Mahindra Ltd. has sold a 3.58% stake in Spain-based CIE Automotive S.A. through its subsidiary Mahindra Overseas Investment Company (Mauritius) Limited. The deal, worth approximately €119 million, reflects Mahindra’s ongoing portfolio optimization strategy while maintaining its long-term association with CIE Automotive as an important partner.