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SAMIL Eyes Aerospace Expansion with Connector Acquisition

21 Sep

Summary

SAMIL subsidiary will acquire 50.1% stake in Rotary Connectors.
The deal is valued at an enterprise value of ₹500.4 crore.
This acquisition aims to expand the Motherson Group's aerospace business.

SAMIL Eyes Aerospace Expansion with Connector Acquisition

Samvardhana Motherson International (SAMIL) is set to acquire a significant 50.1 percent equity stake in Rotary Connectors (RCPL). The transaction, valued at an enterprise worth of ₹500.4 crore, is anticipated to conclude by the end of the current financial year.

This acquisition by SAMIL's subsidiary, Samvardhana Motherson Adsys Tech (SMAST), marks a strategic step to diversify and scale the Motherson Group's Aerospace and Defence business. Rotary Connectors specializes in military-grade circular connectors and interconnection solutions, with applications spanning various sectors.

Upon completion, RCPL will operate as an indirect subsidiary of SAMIL, while the current promoters of RCPL will retain a 49.9 percent equity stake. RCPL reported a turnover of ₹123.5 crore in FY26 and operates three manufacturing facilities located in Bengaluru.

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