Motherson Group to acquire Brazil based tier-2 supplier BALDI INDUSTRIA
On December 14, Samvardhana Motherson International Limited (SAMIL) announced that its wholly owned subsidiary Samvardhana Motherson Automotive Systems Group B.V. will acquire 100% shareholding of BALDI INDUSTRIA E COMERCIO LTDA. (Baldi). The agreement is a cash consideration of BRL 47 million (USD 7.8 million).
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