Samvardhana Motherson International Limited (SMIL) has successfully completed its acquisition of Baldi Industria E Comercio Ltd, an automotive component manufacturer based in Brazil. The acquisition was executed through SMP Automotive Produtos Automotivos Do Brasil Ltda (SMP Brasil), a wholly owned subsidiary of Samvardhana Motherson Automotive Systems Group BV , which is fully owned by SMIL.
Announced in December 2024, the deal was officially closed on May 2, 2025, after receiving all necessary approvals and meeting closing conditions. This acquisition enhances Motherson’s footprint in South America and supports its ongoing strategy of global expansion within the automotive supply industry.
Headquartered in India, Samvardhana Motherson International Limited is a prominent global supplier of automotive components. The company has evolved from a single-product operation to a diversified multinational group, catering to a wide range of global automotive original equipment manufacturers (OEMs). With operations in more than 40 countries, Motherson provides products and solutions across various segments, including wiring harnesses, mirrors, polymer processing, lighting systems, and integrated modules.
Founded in 1986, Motherson has significantly expanded through organic growth and strategic acquisitions, including firms in Europe, the Americas, and Asia. These acquisitions have strengthened the company’s manufacturing capabilities and broadened its customer base, focusing on companies that complement Motherson’s product lines or offer access to new markets and technologies.
Samvardhana Motherson Automotive Systems Group B.V. (SMRP B.V.) is one of its key subsidiaries, responsible for areas such as polymer modules and vision systems. SMIL continues to serve its global customers through localized production and engineering services, ensuring adherence to OEM standards and quality requirements.
The company’s business model emphasizes close collaboration with customers, scalable operations, and long-term partnerships. It also prioritizes sustainability and innovation, aligning its operations with environmental regulations and the latest automotive industry trends such as electrification and lightweighting.
Listed on Indian stock exchanges, SMIL adheres to regulatory frameworks, including disclosure and governance standards. Recent developments, including the acquisition of Baldi Industria E Comercio Ltda. in Brazil, further solidify Motherson’s global expansion strategy and strengthen its position in the South American market. Samvardhana Motherson continues to operate as a global Tier-1 supplier, offering a diverse range of products and services while focusing on growth, operational efficiency, and market expansion.
