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Uno Minda Limited, a leading name in the automotive components industry, has announced its plan to acquire the entire stake of its German partner Buehler Motor GmbH in their joint venture, Uno Minda Buehler Motor Private Limited. The venture is focused on manufacturing traction motors for electric two-wheelers and three-wheelers in India.
The proposed acquisition is currently subject to final approval from Uno Minda’s Mergers and Acquisitions Committee. While this transaction qualifies as a related-party deal, the company clarified that it will be executed on an arm’s-length basis.
Established in December 2022, the joint venture specializes in electronically commutated DC motors and other related systems. It recorded a turnover of ₹516.13 lakh in FY 2024–25, and ₹121.90 lakh in FY 2023–24.
Uno Minda has clarified that its promoters, promoter group, and group companies do not hold any direct interest in the joint venture beyond beneficial shareholding. The acquisition aligns with Uno Minda’s core business in automotive components and is expected to strengthen its position in the growing EV segment.
The final deal value, mode of payment (cash or share swap), percentage of stake to be acquired, and timeline for completion are yet to be finalized. The company also confirmed that no government or regulatory approvals are required for this transaction.
Headquartered in Manesar, Haryana, Uno Minda Limited is a major player in the automotive parts sector, offering a wide portfolio of lighting systems, electronic and electrical components, and engineered solutions.
