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Margins won't be impacted post Peguform buy: Motherson Sumi

Motherson Sumi Systems earlier last week acquired 80% stake in Peguform Group. The company said it will fund the deal through overseas loans and has appointed ICICI Bank as the lead arranger. But this, Vivek Chaand Sehgal, chairman of the Motherson Sumi Group says won't impact the margins.
Motherson Sumi to buy 80% in Germany's Peguform

Motherson Sumi Systems jointly with Samvardhana Motherson Finance is acquiring 80% stake in Germany's Peguform Group from Cross Industries AG for an undisclosed amount.

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Cross Industries Ag

Margins won't be impacted post Peguform buy: Motherson Sumi

Motherson Sumi to buy 80% in Germany's Peguform