Reydel Automotive: Indian auto component makers are hungry for overseas acquisitions

On Monday, auto parts maker Motherson Sumi Systems Ltd (MSSL) announced the acquisition of the Netherlands-based Reydel Automotive Holdings BV for $201 million (around Rs1,300 crore). Indeed, acquisitions are not new to MSSL-it has about 20 acquisitions to its credit over nearly two decades and has said that this is its preferred route to reach [...]The post Indian auto component makers are hungry for overseas acquisitions appeared first on US-China Investment News | Finance, Tech & Real Estate.