Samvardhana Motherson Acquires Assets of Bolta US Ltd.

April 19, 2023

Samvardhana Motherson, through its U.S. subsidiary SMP Automotive Systems Alabama Inc., has acquired the Alabama-based assets of Bolta US Ltd. for USD 16.002 million, purchasing USD 35.7 million in fixed assets and USD 4.7 million in inventory to vertically integrate and expand its chrome-plated polymer components capability in the U.S. automotive market.

Buyers
Samvardhana Motherson Automotive Systems Group, SMP Automotive Systems Alabama Inc.
Targets
Bolta US Ltd.
Sellers
Bolta US Ltd.
Industry
Automotive
Location
Alabama, United States
Transaction Type
Divestiture

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