M&A M&A
Hero Motors to acquire addl 39% stake in UK-based Hewland Engineering
Source Hewland Engineering (opens in a new tab)Business Line (opens in a new tab)BSE Announcement (opens in a new tab)
Publicly listed, Gautam Budh Nagar, UP-based Hero Motors plans to increase its stake in Berkshire, UK-based Hewland Engineering from 51% to 90%. The company will acquire an additional 39% stake from existing shareholders William Hewland and Siobhan Hewland for GBP 0.6 million within the next six months.Founded in 1957, Hewland Engineering designs and manufactures gearboxes, transmissions, and drivetrain systems, it provides components for the motorsport, electric mobility and aerospace sectors.Hewland Engineering reported a net loss of INR 3.74 crore for the 2026 fiscal year.