ACQUISITION: Motherson Sumi to acquire majority stake in Turkey-based Plast Met Group
Acquired entity specializes in injection moulded parts, sub-assemblies for mirrors, trim modules, and lighting systems
Samvardhana Motherson Automotive Systems Group BV (SMRPBV) is acquiring a majority stake in Plast Met Plastik Metal San. İmalatveTic.A.Ş.(PM-Bursa) and Plast Met Kalıp San.veTic.A.Ş.(PM-Istanbul)—together known as Plast Met group (Turkey)—through its subsidiary Samvardhana Motherson Reflectec (SMR), according to a company press release on 18 January 2021
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