**Summary of CCI Approval: Honda Motor Co., Ltd. Acquisition of Interest in Astemo, Ltd.**
**Overview**
On June 23, 2026, the Competition Commission of India (CCI) announced the approval of an acquisition involving a 21% voting interest in Astemo, Ltd. (Target) by Honda Motor Co., Ltd. (Acquirer). The interest is being acquired from Hitachi, Ltd. (Seller).
**Key Entities**
* **Acquirer (Honda Motor Co., Ltd.):** A Japanese limited liability joint stock corporation (Honda Giken Kogyo Kabushiki Kaisha) and the flagship of the “Honda Group.” Its Indian operations include the manufacture and sale of automobiles, two-wheelers, power products, and automotive components, alongside research and development (R&D) activities.
* **Target (Astemo, Ltd.):** A Japanese entity incorporated in 2009 and restructured through merger and integration in 2021. It is currently jointly controlled by the Acquirer, the Seller, and JICC-01 Investment Business Limited Partnership. In India, it focuses on the manufacture and sale of automotive components for vehicles and power products, as well as ancillary R&D.
* **Seller (Hitachi, Ltd.):** The entity divesting the 21% voting interest to the Acquirer.
**Transaction Details**
* **Stake Acquired:** 21% voting interest.
* **Approval Status:** Approved by the CCI; a detailed order is expected to follow.
* **Release Date/Time:** June 23, 2026, at 6:04 PM.
* **Reference Information:**
* **Source:** PIB Delhi
* **Release ID:** 2277126
* **Visitor Count at Time of Release:** 177
* **Available Languages:** Urdu, Hindi, Tamil
Key Entities Referenced
Competition Commission of India: The statutory body responsible for enforcing competition laws in India, which granted approval for the proposed acquisition.
Honda Motor Co., Ltd.: The acquirer, a Japanese multinational corporation engaged in the manufacture of automobiles and power products, seeking to increase its voting interest in Astemo Ltd.
Astemo Ltd.: The target company, primarily involved in the manufacture and sale of automotive components for automobiles and two-wheelers.
Hitachi, Ltd.: The selling entity from which Honda Motor Co., Ltd. is acquiring the 21% voting interest in Astemo Ltd.
Competition Commission of India
CCI approves acquisition of 21% voting interest
in Astemo Ltd. by Honda Motor Co. Ltd
प्रव तथ: 23 JUN 2026 6:04PM by PIB Delhi
The Competition Commission of India (CCI) has approved acquisition of 21% voting interest in Astemo,
Ltd. by Honda Motor Co., Ltd.
The proposed combination relates to the acquisition of 21% voting interest in Astemo, Ltd. (Target) by
Honda Motor Co., Ltd. (Acquirer) from Hitachi, Ltd. (Seller).
The Acquirer is a limited liability joint stock corporation incorporated under the Companies Act of Japan
as Honda Giken Kogyo Kabushiki Kaisha. It is the flagship company of the “Honda Group”. In India, it is
primarily engaged in the (i) manufacture and sale of automobiles, two-wheelers, and power products, (ii)
manufacture and sale of automotive components for automobiles and two-wheelers, and (iii) research and
development activities.
The Target was incorporated in 2009 under the laws of Japan, merged and integrated in 2021 and is now
jointly controlled by the Acquirer, Seller and JICC-01 Investment Business Limited Partnership. In India,
the Target is primarily engaged in the (i) manufacture and sale of automotive components for automobiles
and two-wheelers, (ii) sale of components for power products, and (iii) ancillary research and
development activities.
Detailed order of the Commission will follow.
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NB/ONP
(रलीज़ आईडी: 2277126) आगंतुक पटल : 177
इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही , Tamil