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MOTHERSON · Samvardhana Motherson International Limited · NSE · Filed 3 Jul · 1 min read

Motherson Completes Acquisition of Nexans' Autoelectric Business

Samvardhana Motherson's indirect subsidiary MGI B.V. closed the Autoelectric wiring-harness acquisition on July 3, 2026, making it an indirect wholly owned subsidiary.

What was filed

Samvardhana Motherson International told the exchanges that Motherson Global Investments B.V. (MGI B.V.), together with its subsidiaries, has completed the acquisition of the Autoelectric business on July 3, 2026, after conditions precedent were satisfied. The deal covers the business — including assets and certain real estate — of Nexans autoelectric GmbH and Elektrokontact GmbH, along with shares in their foreign subsidiaries, collectively referred to as "Autoelectric". MGI B.V. is described in the filing as an indirect wholly owned subsidiary of the company.

The intimation follows earlier disclosures dated December 22, 2025 and June 30, 2026 on the same transaction, and confirms its closing.

What Motherson now holds

Post completion, Autoelectric has become an indirect wholly owned subsidiary of Motherson. The filing attaches a list of step-down subsidiaries and branch offices spanning the United States, Mexico, China, Tunisia, Ukraine, Romania, Slovakia, the Czech Republic and Switzerland — fourteen named entities in all, several concentrated in Romania and Tunisia.

The disclosure is confined to the fact of completion and the resulting corporate structure. It does not state the purchase consideration, revenue, or other financial terms of the acquired business.

Why it matters to a holder

The intimation marks the point at which a previously announced transaction enters the group's consolidated perimeter. From July 3, 2026, the Autoelectric operations and their multi-country subsidiary footprint sit within Motherson's structure, which is relevant to how the group's future scale and geographic spread are reported. The filing itself provides no figures with which to size that effect.

Completion date
July 3, 2026
Step-down subsidiaries acquired
14 entities
Motherson's holding in Autoelectric
Indirect wholly owned subsidiary

The completion brings the Autoelectric business and its subsidiaries across nine countries into Motherson's consolidated group; the filing discloses no financial terms, so the transaction's scale is not quantified in this document.

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