Motherson Sumi Systems Limited (MSSL), Noida-headquartered auto component giant, has announced acquisition of acquisition of assets of Scherer & Trier of Germany, through its subsidiary Samvardhana Motherson Automotive Systems Group BV (SMRP BV). The deal, which is worth nearly Euro 36 million (Rs 283 crore), will include the transfer of assets including land and building  & inventories along with shareholding[Read More…]