Shardul Amarchand Mangaldas & Co. Advised Eurogroup Laminations S.P.A. On Acquisition Of 40% Stake In Kumar Precision Stampings
Shardul Amarchand Mangaldas & Co. Advised Eurogroup Laminations S.P.A. On Acquisition Of 40% Stake In Kumar Precision Stampings
Shardul Amarchand Mangaldas & Co. advised Eurogroup Laminations S.P.A. in the execution of definitive documents in relation to its acquisition of 40% stake in Kumar Precision Stampings Private Limited, a leading local player in the production and distribution of stators and rotors for electric motors, with various industrial and domestic applications.
This strategic move marks a significant milestone for EGLA allowing it to further consolidate the positioning of its industrial business unit at a global level, while successfully penetrating the highly attractive and fast-growing Indian market, which provides for untapped opportunities while also starting to operate in the fast-growing transformers’ business.
The transaction team at Shardul Amarchand Mangaldas & Co. was led by Partners Abhishek Guha and Tanya Uppal, with Senior Associates Kajal Advani and Reeya Benedict.
The due diligence team was led by Partners Abhishek Guha, Tanya Uppal, Radhika Dudhat, and Mukul Baveja, with support from Counsel Priyanka Sheth and Rachna Bagri, as well as Senior Associates Kajal Advani, Reeya Benedict, Dhwani Baxi, Aditi Rastogi, Chayanika Goyal, and Associates Srijan Srivastava, Disha Basnet, and Shagun Singhal.
O.P Khaitan & Co. advised Kumar Precision Stampings Private Limited on the legal aspects.
Freshfields Bruckhaus Deringer L.L.P, Mediobanca - Banca di Credito Finanziario S.p.A. and PriceWaterhouseCoopers advised EGLA on the international legal, investment banking and taxation related aspects, respectively.
