Motherson to acquire controlling stake in Shenzhen Autocruis
Motherson to acquire controlling stake in Shenzhen Autocruis Samvardhana Motherson International Ltd has announced the acquisition of a controlling stake in Shenzhen Autocruis Technology Co., Ltd. The acquisition is executed through SMR Automotive (Langfang) Co., Ltd., an indirect wholly-owned subsidiary. This strategic move strengthens Motherson’s global footprint in automotive electronics.
📊 STOCKS: MOTHERSON | 🏢 SECTOR: Auto | #MEDIUMIMPACT #Acquisition
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