 In 2010–11 M&M entered in micro drip irrigation with the takeover of EPC Industries Ltd in Nashik.In October 2014, Mahindra and Mahindra acquired a 51% controlling stake in Peugeot Motocycles and acquired a 100% controlling stake in October 2019.In December 2015, Mahindra and Mahindra Ltd and affiliate Tech Mahindra Ltd, through a special purpose vehicle (SPV), have agreed to buy a 76.06% stake in Italian car designer Pininfarina SpA, for €25.3 million (around Rs.186.7 crore).