Samvardhana Motherson International to Acquire Full Control of Vacuform
Samvardhana Motherson International to indirectly hold 100% stake in Vacuform
Business Standard
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Samvardhana Motherson International (SAMIL) has approved the acquisition of a 49% stake in Vacuform 2000 Proprietary from its original promoters. This will enable SAMIL to indirectly hold 100% of Vacuform, enhancing its manufacturing capabilities for automotive components in South Africa.
- 01SAMIL will acquire 49% of Vacuform, leading to full ownership.
- 02The acquisition is through its subsidiary MSSL Global RSA Module Engineering.
- 03Vacuform specializes in manufacturing parts for automotive customers.
- 04The deal is subject to satisfactory completion of conditions precedent.
- 05Post-acquisition, Vacuform will be an indirect wholly owned subsidiary of SAMIL.
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On April 27, 2026, the board of Samvardhana Motherson International (SAMIL) approved the acquisition of 49% equity share capital in Vacuform 2000 Proprietary (Vacuform) from its initial promoters. This acquisition will be executed through SAMIL's 100% step-down subsidiary, MSSL Global RSA Module Engineering (MSSL RSA). Following the completion of this acquisition, SAMIL will hold 100% of Vacuform's equity share capital via its subsidiaries MSSL RSA and Motherson Global Investments B.V. in a ratio of 49% and 51%, respectively. Vacuform operates in South Africa, focusing on manufacturing vacuum-formed and blow-moulded parts for the automotive sector, which aligns with SAMIL's strategic growth in the automotive components market.
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This acquisition will enhance SAMIL's production capabilities, potentially leading to increased job opportunities and economic growth in the automotive sector in South Africa.
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