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SAMIL buys 81% of Yutaka Giken for $184M to boost Honda ties and expand in Japan.
Samvardhana Motherson International Ltd (SAMIL) is acquiring an 81% stake in Japan's Yutaka Giken Co, Ltd for $184 million, aiming to strengthen its partnership with Honda and expand its business with Japanese auto manufacturers.
The acquisition, requiring regulatory approvals in multiple countries, is expected to close by the first quarter of 2026.
Yutaka Giken manufactures automotive components, and the deal could help SAMIL sell these products in emerging markets.
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SAMIL compra el 81% de Yutaka Giken por $184M para impulsar los lazos con Honda y expandirse en Japón.