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Lumax Auto Technologies to Acquire Remaining Stake in IAC Group’s India Business - Auto Components India

Summary by Auto Components India
Lumax Auto Technologies Limited, a leading Tier-1 automotive systems and components supplier, has signed an agreement to acquire the remaining 25% stake in IAC International Automotive India Private Limited from the International Automotive Components Group. IAC Group will continue to support IAC India through a technology support agreement. IAC India is a well-established Tier-1 plastic interior systems and components supplier to key automotive…
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Auto Components India broke the news in on Monday, May 19, 2025.
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