Motherson’s Kunal Malani sees Schneider business being ROCE accretive from next year

Motherson’s Kunal Malani sees Schneider business being ROCE accretive from next year

Auto components maker Samvardhana Motherson International Ltd on Monday said it will acquire assets and shares of Germany’s Dr Schneider Group entities at an overall enterprise value of about 118.3 million euros (over Rs 1,070 crore). Kunal Malani, CFO, Motherson Group explains the rationale for the acquisition and expected synergies. Dr Schneider Group is your … Read more