“Escorts, Kubota join hands to manufacture high-end technology tractors: The JV will leverage Kubota’s technology and engineering prowess of Escorts to cater to an expanding market for higher efficiency, value-oriented utility tractors for a global leadership position,” reported Moneycontrol. Kubota Corporation is a tractor and heavy equipment manufacturer based in Osaka, Japan. The JV will produce certain tractors in India for the Indian and global markets, and includes sales collaboration in the global tractor markets and joint development of new tractors.

Cyril Amarchand Mangaldas advised Escorts Limited led by a team of Nivedita Rao, Mukul Sharma.

Shardul Amarchand Mangaldas advised Kubota Corporation led by a team of partners Rudra Kumar Pandey, inal Kumar, Naval Satarawala Chopra and Dev Robinson, principal associate Sandeep Sharma, senior associates Vishal Nijhawan, Srinivas Anirudh, Shrutikirti Kumar, Sourav Nath, Ritwik Bhattacharya and Apoorva Murali, principal consultant Rohan Arora and associates Richa Vatsa and Sonali Charak.

Mori Hamada & Matsumoto (MHM) acted as the Japanese legal counsel to Kubota Corporation.

2018-12-10

Deal value: Confidential