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 »