brazil

SAMIL Announces Acquisition of Brazilian Automotive Supplier

Samvardhana Motherson International Limited (SAMIL), through its wholly owned subsidiary SMP Automotive Produtos Automotivos do Brasil LTDA (SMP Brasil), has agreed to acquire 100% of Baldi Industria e Comercio LTDA, a Brazilian Tier 2 automotive supplier. The transaction is valued at approximately BRL 47 million (USD 7.8 million) and is expected to close by the […]

Embraer Evaluates Expanding Supply Chain in India

Embraer, a Brazilian aerospace manufacturer, is exploring opportunities to expand its supply chain in India, with a focus on defense, commercial aviation, and executive jet businesses. A delegation from the company recently visited India to assess potential suppliers for components such as aerostructures, machining, sheet metal, composites, forgings, wire harnesses, and hardware and software development. […]