Samvardhana Motherson International Limited · NSE:MOTHERSON
Samvardhana Motherson International — Merger or Acquisition (July 2023)
17 slides from Samvardhana Motherson International's merger presentation, Jul 4, 2023
Slide 1: Regulation 30 intimation letter to stock exchanges
Samvardhana Motherson International Limited (formerly Motherson Sumi Systems Limited) Head Office: C-14 A & B, Sector 1, Noida – 201301 Distt. Gautam Budh Nagar, U.P. India Tel: +91-120-6752100, 6752278, Fax: +91-120-2521866, 2521966, Website: www.motherson.com July 4, 2023 National Stock Exchange o
Slide 2: Acquisition disclosure: target entity details
Acquisition (including agreement to acquire) Sr. Details of Events that need to be Information about such events no. provided a) Name of target entity, details in brief 1) Name of the Target: such as size, turnover etc. Yachiyo Industry Co., Ltd. a company duly incorporated and existing under the la
Slide 3: Objects of acquisition, approvals and timeline
Sr. Details of Events that need to be Information about such events no. provided d) Objects and effects of acquisition Global Partnership with Honda Motor (including but not limited to, Access to strong R&D capabilities and experienced disclosure of reasons for acquisition team of target entity,
Slide 4: Target business, turnover and presence
Sr. Details of Events that need to be Information about such events no. provided business acquired, date of Target is engaged in production of automobile parts incorporation, history of last 3 years i.e., Sunroofs, Fuel tanks and Resin products. turnover, country in which the acquired entity has pre
Slide 5: Motherson enters into a partnership with Honda Motor
Motherson enters into a partnership with Honda Motor with an agreement to acquire 81% stake in Yachiyo Industry, a Honda Motor subsidiary. Noida (India), 4 th July 2023 Samvardhana Motherson International Limited (“SAMIL”) via 100% subsidiary of SMRP B.V. (SAHN B.V.) has entered into an agreement to
Slide 6: Chairman comment and further transaction steps
Commenting of the deal, Mr Vivek Chaand Sehgal, Chairman, Motherson said, “This acquisition is an important landmark for Motherson as we are honoured to be handpicked by Honda San for a global partnership. We will give our best to live up to the trust bestowed upon us by Honda San. These new product
Slide 7: Motherson enters into a global partnership with Honda Motor
Motherson enters into a global partnership with Honda Motor. SAMIL to form partnership with Honda Motor, for Yachiyo 4W Business (SAMIL 81% : 19% Honda Motor) July 2023
Slide 8: Transaction Overview
Transaction Overview. • SAMIL via 100% subsidiary of SMRP B.V. (SAHN B.V.) has reached an agreement to enter into a strategic partnership with Honda Motor. • Yachiyo Industry Co., Ltd.(“Listed Yachiyo”) is a publicly listed (Tokyo Stock Deal to be Exchange) subsidiary of Honda Motor. The company hou
Slide 9: Transaction Structure and Mechanism
Transaction Structure and Mechanism. Current Structure Proposed Structure SMRP-BV SAMIL 100% Honda Motor Co., Ltd Honda Motor Co., Ltd Sankei Giken Kogyo Public Shareholders Sankei Giken Kogyo SAHN B.V. (Honda Motor) (Honda Motor) 5% 42.6% 50.4% 49.6% 5% 95% 19% 81% 52.4% Yachiyo Industry Co., Yachi
Slide 10: Overview: Yachiyo 4W Business
Overview : Yachiyo 4W Business. Introduction Key product range Overview of facilities 13 manufacturing facilities globally + 3 R&D facilities (in Japan & USA, focused on future mobility) • Established in 1953 with headquartered in Tokyo (Japan) and listed in 1994 at Tokyo China - 02 Stock Exchange U
Slide 11: Proven track record of strong R&D capabilities
Proven track record of strong R&D capabilities; focused on future mobility. Products designed and developed, commercial production yet to start. Established 1986 Established 1997 Tochigi R&D center Columbus R&D center (Sakura-shi, Tochigi, Japan) (Ohio, USA) 3 R&D Motorised Roll Shades Rear slide wi
Slide 12: Full range of sunroofs, from basic to full panel
Full range of sunroofs, from basic to full panel. Bottom Load inner/ top slide Top Load exterior slide Standard Motorized Roll Sunshades (BLIS/ BLTS) (TLES) Sunroof for fixed glass panel roof Panorama Sunroof Panorama Sunroof Future ready products Global markets to continue trend for content rich ve
Slide 13: Plastic Fuel Tanks: Auto Industry is continuously evolving
Plastic Fuel Tanks: Auto Industry is continuously evolving. 01 Auto Industry is evolving, however de-carbonisation may 02 Well laid out plan to continue aligning with not be the same in every region future mobility. Total Addressable market (for Plastic fuel tanks) Facilities aligned with automotive
Slide 14: M&A driving diversification in line with 3CX10 Strategy
M&A driving diversification in line with 3CX10 Strategy for SAMIL. Volkswagen 7% 9% 29% Wiring Harness 25% Mercedes Benz 9% 9% 19% Vision System Audi 9% 17% 8% 14% 1% Bumpers Honda HondaGroup Group 12% 6% Suzuki /Maruti 6% Other polymer 12% 5% product 11% Customer Porsche 4% 4% Component 11% Door Pa
Slide 15: Summary of transaction rationale 1/2
Summary of transaction rationale 1/2. Partnering with Honda Motor Strong & proven Foray into global sunroof market for global business R&D capabilities and other allied products • Chosen by customer for a strategic • Pedigree of R&D and innovation; • New product segment –sunroof systems partnership
Slide 16: Summary of transaction rationale 2/2
Summary of transaction rationale 2/2. Synergies with existing Diversification strategy White spaces businesses and operations (Untapped potential) • Customer: Increased penetration with • Supply to Honda Motor globally • PFT and other resin products are highly provides huge collaboration Honda Motor
Slide 17: Motherson Group copyright notice
© Motherson Group All rights reserved by Motherson and/or its affiliated companies. Any commercial use hereof, especially any transfer and/or copying hereof, is prohibited without the prior written consent of Motherson and/or its affiliated companies. In case of transfer of information containing kn
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