- Samvardhana Motherson acquired roughly 80% of Yutaka Giken through a completed tender offer.
- Honda will retain about 19% ownership after Yutaka Giken delists.
The Samvardhana Motherson Yutaka Giken acquisition marks a significant cross-border transaction in the global automotive supplier industry. Indian auto component giant Samvardhana Motherson Group confirmed the completion of a tender offer to acquire a controlling stake in Japanese parts manufacturer Yutaka Giken Co., Ltd., a long-standing supplier primarily serving Honda Motor Co., Ltd. The transaction highlights continued consolidation in the automotive components sector as suppliers strengthen international manufacturing and customer networks.
Tender Offer Secures Controlling Stake in Yutaka Giken
Samvardhana Motherson conducted the tender offer between February 9 and March 10 to purchase shares of Yutaka Giken from existing shareholders. Following the offer, the company is expected to secure approximately 80% ownership of the Japanese parts manufacturer. As a result of the majority acquisition, Yutaka Giken’s shares are scheduled to be delisted from public trading, transitioning the supplier into a closely held company under the new ownership structure.
Honda Retains Minority Ownership
Prior to the transaction, Honda Motor Co., Ltd. held a 69.7% stake in Yutaka Giken. After the completion of the tender offer and subsequent share changes, Honda will retain roughly 19% ownership in the company. Maintaining a minority stake allows Honda to preserve its strategic relationship with the supplier while enabling Samvardhana Motherson to integrate Yutaka Giken into its global operations and manufacturing network serving automotive OEMs.
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