WionDrive News Desk 
The acquisition of Roberto Nuti Group by SI Air Springs, a subsidiary of TVS Mobility, marks a significant expansion in the global automotive suspension market. This strategic move brings together SI Air Springs’ expertise in air spring solutions with Roberto Nuti Group’s specialisation in suspension systems for heavy vehicles, primarily in the aftermarket sector.
TVS Mobility, valued at USD 3 billion, is strengthening its European footprint through this acquisition. The group already has a presence in Europe through TVS Supply Chain Solutions, headquartered in the UK with operations in Italy, Germany, and Spain, and TVS Srichakra Ltd, which manages the Eurogrip tyre brand from Milan.
The deal, finalised on June 28, 2024, involves the complete purchase of Roberto Nuti Group by SI Air Springs Private Limited, including investments for the company’s relaunch. Both companies expect to benefit from synergies, with Roberto Nuti Group expanding its product range and global market position, while SI Air Springs gains access to new technologies and markets.
TVS Mobility, managed by the fourth generation of the T S Rajam family, has a rich history dating back to 1911. The group operates across four main verticals: manufacturing, global supply chain solutions, aftermarket distribution, and auto distribution. With over 25,000 employees and operations in more than 25 countries, TVS Mobility emphasises high standards in compliance, governance, and community development through skills training programs.
SI Air Springs, established in 2008 as a joint venture with Firestone, has evolved into a market leader in air spring solutions for automotive and rail industries in India. After ending its partnership with Firestone in 2017, the company developed in-house design and testing capabilities. It now supplies major Indian commercial vehicle manufacturers, suspension system suppliers, and Indian Railways, with a production capacity exceeding one million units annually.
The company has also established a strong presence in the aftermarket segment, supported by a network of over 5,000 distributors, dealers, and retailers. This extensive distribution network, combined with Roberto Nuti Group’s expertise in the aftermarket sector, positions the merged entity for significant growth in the global suspension systems market.
The acquisition reflects the growing trend of Indian companies expanding their global footprint through strategic international acquisitions. It also highlights the increasing importance of the aftermarket sector in the automotive industry, as vehicle lifespans increase and maintenance becomes a critical factor for fleet operators.
