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Advaita, Sterling kickstart Indo-Italian auto feeding JV

Advaita Legal advised Italy based auto feeding systems maker Penta SRL on its joint venture (JV) with the Kolsite Group’s Kabra Extrusiontechnik which was advised by Sterling Law Partners.

Advaita founding partner Sujit Ghosh, principal Satyajit Gupta and associate Saurabh Sharma acted for Penta.

Sterling Mumbai partner Narendra Joshi acted for Kabra.

Penta, which is a Piovan Group company, has entered into a JV for the first time through this 50:50 joint venture which will be named Penta Systems India and cater to the plastics and food processing industries, reported the Business Standard.

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