Mumbai: Samvardhana Motherson International Limited, a 100% subsidiary of SMRP B.V. (SAHN B.V.), has entered into an agreement to acquire 81% stake in Yachiyo’s 4W (Y4W) Business.
Motherson enters into a partnership with Honda Motor with an agreement to acquire 81% stake in Yachiyo Industry equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Auto components maker Samvardhana Motherson International Ltd on Tuesday said it will acquire an 81 per cent stake in the four-wheeler business of Yachiyo Industry, a Honda Motor subsidiary.
Motherson will form an 81%:19% strategic partnership with Honda Motor where both the partners will drive the company towards a strong and sustainable future and be fully prepared for next-generation products and technologies, the company said.