Samvardhana Motherson acquires majority stake in mainland China-based camera supplier Autocruis Technology

News
M&A
ATI News Team

The investment, structured as a primary capital infusion, is valued at 153.3 million yuan (nearly $ 22.6 million)

Samvardhana Motherson International Ltd. (SAMIL) has approved the acquisition of a majority stake in Shenzhen Autocruis Technology Co. Ltd., a mainland China-based company specializing in automotive camera and vision technologies.

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