PDS & Associates and DLA Piper advised Indian conglomerate PCM Group in its €36m (Rs 255 crore) acquisition of German international railway equipment conglomerate Rail One whose shareholders were advised by Hogan Lovells.
PDS & Associates Mumbai partner Sajid Mohamed, with DLA Piper Germany partner Benjamin Parameswaran and counsel Isaschar Nicolaysen and a raft of other DLA partners acted for the Siliguri-based Indian private company in acquiring the 118-year old German giant.
Hogan Lovells Berlin-based partner Jörg Meissner acted for Rail One shareholders. The €150m company with plants in Germany, Romania, Saudi Arabia, Spain and South Korea was acquired for €36m reported the Economic Times.
Linklaters partner Dr Eva Reudelhuber acted for the banks for the sellers.