Buyouts are a part of the company’s vision of tripling revenues by FY25 to $36 billion from $12 billion under the Vision 2025 plan. Since 2002, Motherson Sumi Systems has made 24 acquisitions in the automotive and non-automotive segments.
Motherson Sumi, India’s biggest auto-component manufacturer, is pursuing multiple buyout deals, some of which will be made public in the final quarter of the year, top company officials said.
The buyouts are a part of the company’s vision of tripling revenues by FY25 to $36 billion from $12 billion under the Vision 2025 plan. Since 2002, Motherson Sumi Systems (MSSL) has made 24 acquisitions in the automotive and non-automotive segments, with the latest being the business assets of Bombardier’s Mexico unit.
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