Motherson Sumi Acquires Bombardier’s Electrical Wiring Business

0
108
  • In October last year, the company had announced the acquisition of Bombardier’s Mexico-based EWIS business for around $10 million through its Mexican subsidiary, Motherson Rolling Stocks (MRS)
  • In the past, the company had also acquired Bombardier’s UK rolling stock electrical component and systems business in Derby (in 2019)

Motherson Sumi Systems Ltd said that it has completed the acquisition of Bombardier’s electrical wiring interconnection systems (EWIS) business in Huehuetoca, Mexico. In October last year, the company had announced the acquisition of Bombardier’s Mexico-based EWIS business for around $10 million through its Mexican subsidiary, Motherson Rolling Stocks (MRS).

Bombardier’s UK rolling stock electrical component and systems business in Derby

MSSL said in a regulatory filing that the company has supported Bombardier’s transformation process over the last years and the successful closure of this acquisition in Mexico is in alignment with the same. In the past, the company had also acquired Bombardier’s UK rolling stock electrical component and systems business in Derby (in 2019).

MSSL Chairman Vivek Chaand Sehgal said, “By strengthening the rolling stock product portfolio in the American region, we reaffirm our commitment to our customers, we are very happy that the teams involved worked relentlessly to close this deal despite the pandemic induced challenges.’ MRS is part of the Motherson Rolling Stock Division which designs and manufactures electrical cabinets, power packs, and electrical distribution systems for leading rolling stock manufacturers.

SHARE YOUR THOUGHTS & COMMENTS

Please enter your comment!
Please enter your name here

Are you human? *