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Motherson to acquire SAS Autosystemtechnik from Faurecia

2 years ago Auto economictimes
The enterprise value of the business is Euro 540 million and the transaction will be funded by a mix of debt and internal accruals The transaction remains subject to information or consultation with employee representatives. Completion of the envisaged transaction will be subject to customary regulatory approvals and would be expected by Q2 FY24 (July-Sept 23). Read more at: economictimes

Tags : Motherson Vivek Chaand Sehgal SAS Autosystemtechnik oems EV models cockpit modules

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