According to an exchange filing, Motherson Sumi has acquired the 50 per cent stake from its partner F Holdings GmbH, Austria in a joint venture Fritzmeier Motherson Cabin Engineering.
This makes FMCE a wholly owned subsidiary of Motherson Sumi for a consideration of Rs 110.7 crore.
(To receive our E-paper on WhatsApp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)
