The Competition Commission of India (“CCI”) vide Press Release No. 46/2025-26,[1] dated July 28, 2025, has approved the proposed acquisition of certain shareholding in Renault Nissan Automotive India Private Limited (“Target”) by Renault Group B.V. (“Acquirer 1”) and its nominee Renault S.A.S. (“Acquirer 2”) (collectively, the “Acquirers”).
Transaction Overview
The proposed combination involves the acquisition of equity shares and fully paid-up zero-coupon non-convertible redeemable preference shares held by Nissan Motor Company Ltd., Japan and Nissan Overseas Investments B.V. (together, the “Sellers”) in the Target by the Acquirers.
- The Target is involved in the manufacturing and assembly of passenger vehicles and transmissions, as well as the production of vehicle parts and provision of related services to both Renault and Nissan.
- Acquirer 1 is engaged in the design, manufacture, and marketing of passenger cars, light commercial vehicles, and electric vehicles, and also provides mobility services globally.
- Acquirer 2 is engaged in a range of automotive-related activities including manufacturing, trading, repair, and maintenance of motor vehicles, as well as the production of parts and provision of related services.
Both Acquirer 1 and Acquirer 2 are ultimately controlled by Renault S.A., forming part of the Renault Group.
[1] https://www.cci.gov.in/media-gallery/press-release/details/554/0