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Samvardhana Motherson International to acquire additional 20% stake in Youngshin Motherson Auto Tech
Aug-29-2025
Samvardhana Motherson International has received approval to acquire additional 20% stake of Youngshin Motherson Auto Tech (YMAT) from Youngshin Components Co., Korea. Post completion of the transaction, YMAT will become wholly owned subsidiary of the company. The board of directors of the company in their meeting held on August 29, 2025 have approved the same. 

YMAT is a joint venture in India between the company and Youngshin Components Co., Korea (JV Partner) incorporated in 2017 with a 50-50 shareholding structure. In June 2023, the company had acquired additional 30% stake from the JV partner. YMAT is engaged in manufacturing & assembling of auto clutch products. This is a product used in the HVAC assembly of passenger vehicles.

Samvardhana Motherson International is one of the world’s leading specialized automotive component manufacturing companies for OEMs. The company, formerly known as Motherson Sumi Systems was established in 1986 as a joint venture with Sumitomo Wiring Systems.
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