Motherson Sumi successfully acquires EWIS business of Bombardier Inc in Mexico

Motherson Sumi Systems Limited (MSSL), a specialised automotive component manufacturing company for original equipment manufacturers (OEMs) announced this afternoon that it has successfully completed the acquisition of assets and activities of electrical wiring interconnection systems (EWIS).  

The acquisition was done via its Mexican subsidiary, Motherson Rolling Stocks S de RL de CV (MRS) at Bombardier Transportation’s manufacturing site in Huehuetoca (Mexico) (BT Ensambles México). MRS is part of Motherson Rolling Stock Division, which designs & manufactures electrical cabinets, power packs, and electrical distribution systems for leading rolling stock manufacturers.  

The company has supported Bombardier’s transformation process over the last few 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.  

Vivek Chaand Sehgal, Chairman of MSSL says, “Motherson is driven by its vision of being a globally preferred solutions provider to its customers. By strengthening the rolling stock product portfolio in the American region, we reaffirm our commitment to customers and we are very happy that the teams involved worked relentlessly to close this deal despite the pandemic-induced challenges. We would also like to take this opportunity to warmly welcome the team at Huehuetoca into Motherson family.  

The closing price of Motherson Sumi Systems Limited stood at Rs 215.70, an increase of 0.49 per cent over the previous day’s closing price of Rs 214.65.