Samvardhana Motherson Forms JV with Matsui to Boost Automation

07 Feb 2025 CW Team

Samvardhana Motherson International Limited (SAMIL) has announced the formation of a strategic joint venture with Japan-based Matsui Mfg. Co. Ltd. This collaboration aims to revolutionise manufacturing automation, targeting industries in Japan and other mutually agreed markets. The venture will focus on delivering cutting-edge solutions that encompass process automation, material handling, quality control, inspection, and robotic integration, ultimately enhancing operational efficiency, reducing costs, and minimizing waste.

The joint venture company (JVC) will be incorporated in Japan, with an initial authorized share capital of JPY 300 million and a shareholding structure split evenly between SAHN B.V., a wholly-owned subsidiary of SAMIL, and Matsui. The newly established entity will combine the expertise of both partners, building on their longstanding and successful collaboration in industrial auxiliary equipment.

Significant terms of the agreement include the appointment of five board directors, three from SAHN B.V. and two from Matsui. The strategic partnership aims to deliver tailored automation solutions to key industrial sectors, optimizing production lines and expanding the capabilities of intelligent manufacturing systems.

This move underscores SAMIL’s ongoing efforts to expand its global footprint and strengthen its presence in the automation and industrial manufacturing sectors. The decision was finalized at SAMIL's board meeting on February 7, 2025, ensuring that the partnership aligns with its long-term growth strategy.

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