M&M hikes stake in Sampo Rosenlew Oy to 100%

Mumbai, July 19, 2022: Mahindra & Mahindra has hiked its stake in its Finland-based arm Sampo Rosenlew Oy to 100 per cent with the acquisition of residual shares for over Rs 35 crore.

In December 2020, the company increased its stake in combine harvester maker Sampo Rosenlew Oy to 79.13 per cent with the acquisition of additional 1,050 shares for Rs 31.15 crore.