Motherson Sumi to acquire Finland's PKC Group for 571 mn euro
In one of the biggest acquisitions in auto component space by an Indian firm, Motherson Sumi Systems Ltd (MSSL) will launch a 571 million euro (over Rs 4,150 crore) open tender offer to fully acquire Finland's PKC Group Plc (PKC), a maker of wiring harness.
Jan 20, 2017, 09:42 AM ISTMotherson Sumi buys assets of Scherer & Trier for $44.8 million
Auto parts maker Motherson Sumi Systems Ltd would buy assets of Germany`s Scherer & Trier group for about 36 million euros.
Dec 16, 2014, 10:51 AM IST