SMR to acquire majority stake in Plast Met Group
Samvardhana Motherson Automotive Systems Group BV (SMRPBV), today announced the acquisition of a majority stake in Plast Met Plastik Metal San. İmalatveTic.A.Ş.(PM-Bursa) and Plast Met Kalıp San.veTic.A.Ş.(PM-Istanbul) together known as Plast Met group (Turkey) through its subsidiary Samvardhana Motherson Reflectec (SMR). SMR will acquire 75% stake and thus will enter into a partnership with the founder of Plast Met. The[Read More…]