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India: Motherson Sumi to acquire Peguform Group

Indian automotive components manufacturer Motherson Sumi Systems (MSSL) has announced plans to acquire an 80% stake in German automotive interior and exterior products supplier Peguform Group. The company has not disclosed the value of this transaction. The shares will be acquired from Cross Industries AG, which will continue to hold the Subscribe to Automotive World … Continued

Indian automotive components manufacturer Motherson Sumi Systems (MSSL) has announced plans to acquire an 80% stake in German automotive interior and exterior products supplier Peguform Group. The company has not disclosed the value of this transaction.

The shares will be acquired from Cross Industries AG, which will continue to hold the

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https://www.automotiveworld.com/articles/88138-india-motherson-sumi-to-acquire-german-parts-supplier/

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