DSK Legal advised Klenzaids Contamination Controls in selling 49 per cent stake to Robert Bosch Investment Nederland which was advised by Khaitan & Co.
DSK Mumbai co-founding partner Anand Desai, managing associate Pragya Dhamija and associate Prachi Garg acted for Klenzaids, which has a turnover around around EUR 6m, reported trade magazine BioSpectrum.
Khaitan Mumbai partners Rabindra Jhunjhunwala and Niren Patel acted for global Bosch Packaging Technology which has a global turnover of EUR 1.1bn.
In the Bosch-Klenzaids joint venture that will employ around 380 staff Klenzaids will contribute its expertise in clean-room and processing technologies and peripheral systems, and Bosch will take care of innovative filling technologies.
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