Motherson Sumi expands presence in automotive Interiors

Motherson Sumi Systems has acquired Reydel Automotive Group through its subsidiary Samvardhana Motherson Automotive Systems Group for $201 million, ET Auto has reported. Reydel is a privately held portfolio company of Cerberus Capital Management that produces interior components and modules for global automotive customers. The products of Reydel include Instrument Panels, Door Panels, Console Modules, […]