Motherson company acquires 60pc stake in China joint venture for auto mirrors

Samvardhana Motherson Automotive Systems Group BV (SMRPBV) has acquired a majority stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co., Ltd by Ningbo SMR Huaxiang Automotive Mirrors Ltd. (SMR NBHX); which is a 50:5...

Goodyear to acquire Cooper Tire & Rubber Co in US $ 2.5 billion deal

Tyre majors Goodyear Tire & Rubber Company and Cooper Tire & Rubber Company announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction with a total ...

TVS owned Norton Motorcycle of UK moves to new headquarters

UK based Norton Motorcycle Co Ltd, acquired by India’s TVS Motor Company in early 2020 has announced that the company is moving to a new headquarters. The state-of-the-art production site located in Solihull, West M...

Motherson Sumi Systems acquires Bombardier EWIS business in Mexico.

Motherson Sumi Systems Limited (MSSL), via its Mexican subsidiary, Motherson Rolling Stocks S. de R.L. de C.V. (MRS), has signed an asset sale and purchase agreement to acquire the activities of Electrical Wiring In...

Shriram Automall acquires Bluejack, an  online car  auction platform

Shriram Automall India Limited (SAMIL) which is backed by Shriram Group & CarTrade, has acquired BlueJack, an online car selling portal in a bid to accelerate its offline auction market position with online used ca...

Hero Cycles acquires German e-bike pioneers HNF Group

Indian bicycle major Hero Cycles Ltd has acquired a strategic stake in German premium e-bike manufacturer HNF Group. Hero Cycles has taken this stake together with German investment trust holding IBG Beteiligungsges...

CK Birla owned NEI acquires Kinex Bearings in Europe

National Engineering Industries Ltd (NEI), part of the USD 2.4 billion diversified CK Birla Group, announced the acquisition of Kinex Bearings through its wholly owned European subsidiary. Kinex Bearings is an inter...

JLR acquires all-terrain performance specialist Bowler in UK

Jaguar Land Rover, a Tata Motors owned company, has acquired Bowler, the UK-based manufacturer of all-terrain performance cars, parts and rally raid vehicles.

Mahindra Two Wheelers Europe to acquire 100pc Peugeot Motocycles

Mahindra Two Wheelers Europe, a subsidiary of Mahindra & Mahindra Ltd. (M&M Ltd), will be acquiring all outstanding shares in Peugeot Motocycles (PMTC), taking its share to a complete 100pc. Peugeot Motocycles, a ma...

Mahindra acquires 11.25% stake in Swiss agri-tech firm Gamaya for Rs 30.04 crore

Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the Mahindra Group announced an investment of CHF 4.3 million (US$4.3 million- Rs 30.04 crore approx.) for an 11.25% stake in Switzerland based agri techn...

22Motors acquires patent for Hill Assist feature

22Motors, the new age electric mobility solutions company, obtained a worldwide patent for its invention of the hill assist control feature, a first in two-wheelers globally. The patent was filed on February 7, 2019...

JBM Group acquires major shareholding in German auto major Linde-Wiemann

The US $ 1.5 billion India based JBM Group with business interest in auto systems and assemblies has acquired major shareholding in Germany based Linde-Wiemann GmbH KG, a leading manufacturer of complex structural ...

Continental acquires antenna maker Kathrein Automotive

Technology company Continental has successfully completed the acquisition of Kathrein Automotive GmbH after antitrust authorities officially approved the transaction. Incorporating the automotive division of Rosenhe...

Rear seat belt usage among Indian car occupants is dismal, reveals Nissan-Save LIFE study

A new research report by Nissan India and Save LIFE Foundation brought attention to the startling number of Indians compromising their own but also their children’s safety. Released by Nitin Gadkari, Union Minister ...

Mahindra First Choice Services buys key assets of Carnation Auto

Mahindra First Choice Services (MFC Services) has entered into an asset acquisition agreement with the official liquidator of Carnation Auto (India) Pvt. Ltd. (CAPL). As a result, MFC Services will acquire key asset...

Uno Minda acquires German software company iSYS RTS GmbH

Minda Industries Limited, flagship company of Uno Minda Group has announced acquisition of Germany based iSYS RTS GmbH, a leading developer of embedded systems and software to global vehicle manufacturers. The agree...

Precision Camshafts acquires 51% stake in Emoss Mobile Systems B.V.

Precision Camshafts Ltd (PCL) has acquired 51% stake in Dutch electric driveline maker Emoss Mobile Systems B.V through its wholly owned Dutch subsidiary, PCL (International) Holding B.V. This is the third strategic...

Motherson acquires Reydel Automotive Group for USD 201 million

Motherson Sumi Systems Limited (MSSL), the flagship company of the Samvardhana Motherson Group (SMG), through its step down subsidiary Samvardhana Motherson Automotive Systems Group B.V. (SMRP BV), has announced th...

Precision Camshafts acquires precision machinist MFT of Germany

Global auto ancillary major Precision Camshafts Ltd has announced its second acquisition with the taking over of German precision machinist MFT Motoren und Fahrzeugtechnik GmbH (MFT) through its wholly owned Duth su...

Samvardhana Motherson acquires MS Global India

Samvardhana Motherson International Limited (SAMIL), the principal holding company of Samvardhana Motherson Group has announced that it has successfully acquired 100% of MS Global India Pvt Ltd (MSGI), from the Kore...

Magneti Marelli acquires stake in LeddarTech

Magneti Marelli has acquired a stake in LeddarTech Inc., a worldwide leader in solid state LiDAR (Light Detection and Ranging) sensing technology. Magneti Marelli and LeddarTech have also entered into a technical an...

Motherson Sumi Systems acquires Finland’s PKC Group for Euro 571 million

Motherson Sumi Systems Ltd (MSSL) has acquired Finland based global auto component major PKC Group Plc for approximately Euro 571 million (Rs 4026 crore approx.)., a move that will help the Vivek Chaand Sehgal led ...

Rockman Industries acquires majority stake in Moldex Composites

Rockman Industries, a Hero Group company has acquired a majority stake in Moldex Composites, a British-Indian venture, thereby making its intention known that it is investing in next-gen carbon composites technology...

Mahindra acquires controlling stake in Classic Legends

Mahindra & Mahindra is on an acquisition spree in both its four-wheeler as well as two-wheeler businesses. After buying controlling stakes in companies like car maker Ssangyong of South Korea and Italian vehicle des...

Continental acquires Hoosier Racing Tire Corporation

International technology company Continental announced the acquisition of Lakeville, IN-based Hoosier Racing Tire Corp., a manufacturer of specialty tyres for racing applications. Hoosier was founded in 1957 and has...

Uno Minda acquires global lighting business of Europe based Rinder Group

Automobile components manufacturer Minda Industries Ltd announced an acquisition of the global lighting business of Spain based Rinder Group that manufactures automotive lamps- head lamp, tail lamps and small lamps....

Mahindra acquires a major style statement; To buy Pininfarina

Tech Mahindra Limited, a leading provider of IT, Networks and Engineering solutions and BPO services, and Mahindra & Mahindra have jointly entered into an agreement with Pincar S.r.l., to purchase a controlling stak...

Hero Cycles acquires Firefox Bikes in premium cycle segment

Hero Cycles, world’s largest bicycle manufacturer by volume, has acquired Firefox Bikes, India’s largest premium bicycle brand, as part of its strategy to further cement its position in the fast-growing premium cycl...

JK Tyre acquires Haridwar tyre unit of Kesoram Industries for Rs 2200 crore

JK Tyre & Industries has finally confirmed that it is buying Cavendish Industries Ltd (CIL) tyre unit of Kesoram Industries. In a press release, the company stated that JK Tyre & Industries Limited (JK Tyre) and JK...

Volvo Cars acquires control of its China joint ventures for SEK2.2bn

Volvo Cars has taken control of its three joint venture operations in China for SEK2.2bn in order to more accurately reflect its growing presence in the world’s largest car market. Volvo Cars now owns 50 per cent of...

Royal Enfield acquires UK based Harris Performance

Motorcycle major Royal Enfield has acquired UK based Harris Performance Products Ltd, a company established over 40 years ago by brothers Steve and Lester Harris and Stephen Bayford. The company is one of the leadin...

Shiroki Corp Japan acquires majority stake in Technico JV

Shiroki Corporation (an affiliate of Toyota Motor Corp), one of the leading global players for interior and exterior components for automobiles, has taken a 51pc equity stake in a new joint venture company with Tech...

FARO acquires ARAS 360 Technologies Inc

FARO Technologies Inc, the world’s most trusted source for 3D measurement, imaging, and realisation technology, recently announced the acquisition of ARAS 360 Technologies Inc., a global leader in the development of...

Investcorp acquires safety apparel maker Dainese

Investcorp, a leading global provider and manager of alternative investment products, announced that it has reached an agreement with Lino Dainese, to acquire the specialist Italian retailer Dainese at an enterprise...

Delphi Automotive acquires Unwired Technology

Close on the heels of Delphi Automotive acquiring US based Antaya Technologies Corp, it has announced entering into a definitive agreement to acquire media connectivity module supplier, Unwired Technology LLC, expan...

Delphi to acquire Antaya Technologies in US

Delphi Automotive has signed a definitive agreement to acquire Antaya Technologies Corp, a leading provider of proprietary on-glass connectors. With this acquisition, Delphi will be enhancing its portfolio in the ra...

Continental acquires Emitec shares from GKN

Germany based automotive components major Continental has strengthened its systems competencies in the field of drivetrain technologies. The company intends to purchase the outstanding shares in Emitec Gesellschaft ...

Continental acquires British Co. Zytek Automotive

International automotive supplier Continental has taken over full ownership of its former joint venture, Zytek Automotive. The ownership comes into effect from February 3, 2014. Zytek is based in Fradley in the Unit...

ibibo group acquires bus tracking entity YourBus

Acquisition in the digital world continues and the latest is that the bus tracking and analytics firm, YourBus has been acquired by the ibibo group. This was stated by YourBus in a press release. The group had acqu...

Audi AG acquires Ducati Motor Holding S.p.A.

Audi AG is acquiring from Investindustrial Group the tradition-steeped Italian sports motorcycle man

TVS Group acquires Universal Components UK Ltd.

TVS group has announced the acquisition of Universal Components (UC) UK Ltd. – Britain’s leading ind

Continental acquires Modi tyre business

Continental, one of the leading international automotive suppliers and the world’s fourth largest

Dynamatic Technologies acquires new company

Dynamatic Technologies acquires German & Indian ops of Eisenwerke Erla GmbH

Firefly Energy acquires carbon foam tech

Firefly Energy acquires carbon foam tech

Ashok Minda Group acquires Aksys, plant Koengen

NEW DELHI: Noida-based auto component major, Ashok Minda Group has announced the completion of acqui




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