Gabriel India Expands Product Line with Marelli Motherson Acquisition
Deal News | Jan 25, 2025 | EIN
Gabriel India, the leading automotive component manufacturer under the ANAND Group umbrella, has successfully acquired the assets of Marelli Motherson Auto Suspension Parts Private Limited (MMAS) for INR 60 crore. This strategic acquisition aligns with Gabriel India's commitment to innovation and shareholder value, significantly expanding its product portfolio and manufacturing capacity in the suspension space. The transaction, unanimously approved by Gabriel India's Board of Directors, includes a License Agreement and Technical Assistance Agreement with Marelli Suspension Systems Italy S.p.A. The acquisition allows Gabriel India access to advanced suspension technologies and amplifies its customer base by adding an annual manufacturing capacity of 3.2 million shock absorbers and 1 million gas spring units. Anjali Singh, Executive Chairperson of the ANAND Group, mentioned that this acquisition marks a significant milestone, enhancing both technological capacity and market position. Jaisal Singh, Vice Chairman of the ANAND Executive Board, emphasized the strategic nature of the acquisition as part of Gabriel India's growth journey over the past sixty years.
Sectors
- Automotive Industry
- Manufacturing
Geography
- India – Gabriel India is an Indian company and the acquisition expands its operations domestically.
- Italy – The transaction includes agreements with Marelli Suspension Systems Italy S.p.A., indicating a geographical link to Italy.
Industry
- Automotive Industry – The acquisition is related to the manufacturing and supply of automotive components specifically in the suspension segment, a key part of the automotive industry.
- Manufacturing – Involves expansion of production capacity for shock absorbers and gas springs, which are part of the manufacturing sector.
Financials
- INR 60 crore – The deal value for the acquisition of assets from Marelli Motherson Auto Suspension Parts Private Limited.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Gabriel India | Bidding Company | Company | A part of the ANAND Group, Gabriel India is a leading automotive component manufacturer. |
| Marelli Motherson Auto Suspension Parts Private Limited (MMAS) | Target Company | Company | A joint venture between Marelli Europe S.p.A. and Samvardhana Motherson International Limited, specializing in shock absorbers. |
| ANAND Group | Parent Company | Company | The parent group of Gabriel India, involved in strategic expansions and acquisitions. |
| Marelli Suspension Systems Italy S.p.A. | Partner | Company | An Italian company providing agreements related to the acquired assets. |
| Anjali Singh | Executive Chairperson | Person | Executive Chairperson of the ANAND Group and Gabriel India Limited. |
| Jaisal Singh | Vice Chairman | Person | Vice Chairman of the ANAND Executive Board, leading Mergers & Acquisitions for the group. |