Samvardhana Motherson International Ltd (SAMIL) will acquire the remaining 10% stake in Motherson Lumen Systems South Africa Pty Ltd (Motherson Lumen SA), making it a wholly owned subsidiary. The deal, expected to close in Q3 FY2025-26, enhances SAMIL’s control over operations and supports its global automotive lighting and systems expansion.
Samvardhana Motherson International Ltd (SAMIL), one of India’s largest auto component manufacturers, announced plans to acquire the remaining 10% stake in Motherson Lumen Systems South Africa Pty Ltd (Motherson Lumen SA) through its indirect subsidiary. Currently, SAMIL indirectly owns 90% via Samvardhana Motherson Automotive Systems Group B.V.
Upon completion, Motherson Lumen SA will become a wholly owned indirect subsidiary, consolidating SAMIL’s presence in South Africa’s automotive supply chain. The target company reported revenues of ZAR 135 million in FY2024-25, and the acquisition is expected to close in Q3 FY2025-26.
Industry analysts note that this move aligns with SAMIL’s strategy of strengthening global operations and expanding its automotive lighting and systems portfolio, while ensuring tighter integration and operational efficiency.
Key Highlights / Major Takeaways
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Acquisition Plan: SAMIL to buy remaining 10% stake in Motherson Lumen SA.
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Ownership Impact: Motherson Lumen SA to become wholly owned indirect subsidiary.
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Financials: Target company revenue stood at ZAR 135 million in FY2024-25.
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Timeline: Deal expected to close in Q3 FY2025-26.
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Strategic Goal: Strengthen global footprint and enhance automotive lighting systems portfolio.
Sources: InvestyWise, BSE Corporate Announcement, Rediff MoneyWiz