Samvardhana Motherson to acquire Lumen Group, Deltacarb

ATI News Team

The acquisition of Lumen Group is likely to be closed by the fourth quarter of fiscal year 2023–24

Auto components major Samvardhana Motherson International Ltd. on Dec. 15 announced acquisitions of Australia's Lumen Group and Switzerland's Deltacarb SA for nearly 5.75 billion Indian rupees (about US$469 million), Business Standard reported Dec. 15.

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