SFS acquires majority shareholding in Indian automotive supplier

SFS acquires majority shareholding in Indian automotive supplier

 The SFS Group AG (SFS) increased its stake in Indo Schöttle Auto Parts (Indo Schöttle) from 45% to approximately 86%. Indo Schöttle is a well positioned supplier of high precision parts for the automotive industry. SFS aims to leverage Indo Schöttle as a platform for the development of other business activities in the growing Indian market.

Source: SFS (Link to full release)

About the author

Amitabh Arora

Amitabh Arora

Amitabh Arora has more than 18 years of experience promoting foreign direct investments (FDI), trade and economic relations between India and Switzerland, South Korea, United Kingdom and Canada. He is currently working as Director Key Accounts at the Greater Geneva Berne area (GGBa), the economic development agency of western Switzerland. GGBa offers a comprehensive range of services at no charge to foreign companies seeking to establish a presence in Switzerland. He is also the founder of FDITracker.com, tracking FDI developments worldwide. Amitabh has a Masters in International Business from the Indian Institute of Foreign Trade (IIFT) and a Bachelor of Business Studies (BBS) from College of Business Studies, India.

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