TVS Motor acquires 75% stake in Swiss e-Mobility Group (SEMG) for $100 million
In a bid to globalize the TVS group and participate in the $25 billion global e-bike market, TVS Motor Company on Thursday acquired a 75% stake in the Swiss E-Mobility Group (SEMG). Further TVS Motor plans to acquire the remaining 25 percent in the company soon. This is TVS Motor’s second acquisition in Switzerland for FY22. In September 2021, […]
TVS Motor acquires 75% stake in Swiss e-Mobility Group (SEMG) for $100 million Read More »