The automotivesegment was its third largest, but fastest-growing business.
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Its operations are focused on the automotivesegment, and divided into the wheels and structural component segments.
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The automotivesegment distributes replacement parts for all makes and models of automobiles, trucks and other vehicles.
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The deal will have no impact on the operating profit margin of BMW's core automotivesegment, the companies said.
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Overall, South Africa's manufacturing industry continues to perform strongly, with the automotivesegment playing a key part in its expansion.
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In the automotivesegment, the Company manufactures and sells passenger cars, utility vehicles, light commercial vehicles, and medium and heavy commercial vehicles.
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The automotivesegment provides its map and navigation platform to auto manufacturers and original equipment manufacturers (OEMs) for distribution with their vehicles.
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Grammer's automotivesegment generated about 64 percent of total sales in the first half of 2008, but contributed only about 16 percent of EBIT.
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The Automotivesegment includes the design, development, manufacturing, and sales of electric vehicles.
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Automotivesegment comprises of sale of automobiles, spares, mobility solutions and construction equipment.
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The Automotivesegment designs, develops, manufactures and markets semiconductors for use in automotive applications.
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The Automotivesegment is engaged in the production, trading, insurance and car rental activities.
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The Automotivesegment comprises the results from its global automotive businesses and individual convenience products.
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The Company operates its Automotivesegment through its ownership in IEH Auto Parts Holding LLC.
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The Automotivesegment is involved in trading in motor vehicles, spare parts and servicing of motor vehicles.
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The Automotivesegment provides automotive related services.