BENGALURU, July 24 (Reuters) – Indian auto elements maker Samvardhana Motherson International (SMIL) (SAMD.NS) mentioned on Monday it acquired Germany’s Dr. Schneider Group by an insolvency course of for 118.3 million euros ($131.6 million).

($1 = 0.8990 euros)

Reporting by Sethuraman NR in Bengaluru; Editing by Dhanya Ann Thoppil

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