Samvardhana Motherson International Limited (SAMIL) has announced the acquisition of a 49% equity stake in Vacuform 2000 Proprietary Limited through its wholly owned step-down subsidiary, MSSL Global RSA Module Engineering Limited (MSSL RSA). The acquisition is valued at ZAR 45.18 million, approximately ₹253 million.
Vacuform, a South African company, specialises in the manufacturing of vacuum forming and blow moulded parts for automotive customers. The acquisition will result in SAMIL holding 100% of Vacuform’s equity share capital, with the remaining 51% already held by Motherson Global Investments B.V., Netherlands. This strategic move will provide SAMIL with full operational and strategic control over Vacuform.
The transaction is contingent upon receiving exemptions from the Takeover Regulation Panel of South Africa and acknowledgment from the Companies and Intellectual Property Commission following the registration of amended articles of association of MSSL RSA. The acquisition is expected to be completed by June 30, 2026, subject to the satisfaction of these conditions.
Vacuform reported a turnover of ₹1,145.64 million for the financial year ending March 31, 2026. The company has been operational since its incorporation on August 6, 1999, and has consistently served the automotive sector with its specialised products.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).