Samvardhana Motherson agrees to acquire Nexans AutoElectric's Wiring Harness business for €207 million
The acquisition will allow the Indian supplier to expand its wiring harness solutions for key customers and broaden its global manufacturing footprint
The board of directors of leading Indian auto parts supplier Samvardhana Motherson International Ltd. (SAMIL) has approved the acquisition of certain assets of Nexans AutoElectric GmbH and Elektrokontakt GmbH for €207 million.
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