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Khaitan, PDS act on Grasim JV with Germany’s Maschinenfabrik Reinhausen

metadesc: Khaitan & Co advised Grasim Industries Limited led by a core transaction team of partner Nikhilesh Panchal, principal associate Purti Minawala, associate Shayak Sircar, associate Chintan Aaswhini and associate Mohit Rai with assistance from real estate partner Devendra Deshmukh and senior associate Sneha Oak Joshi, and competition law partner Anisha Chand and senior associate Soham Banerjee.

Grasim Industries Limited (Grasim) has signed a definitive agreement to form a joint venture company (JVC) in India with Maschinenfabrik Reinhausen GmbH (MR) of Germany for manufacture and sale of Composite Hollow Core Insulators (CHCI) to serve the power transmission and distribution (T&D) industry globally.

The Hindu

Khaitan & Co advised Grasim Industries Limited led by a core transaction team of partner Nikhilesh Panchal, principal associate Purti Minawala, associate Shayak Sircar, associate Chintan Aaswhini and associate Mohit Rai with assistance from real estate partner Devendra Deshmukh and senior associate Sneha Oak Joshi, and competition law partner Anisha Chand and senior associate Soham Banerjee.

Update 25 October 2019: PDS Legal advised Maschinenfabrik Reinhausen GmbH led by a team including executive director Monika Deshmukh, senior associate Pooja Radia and associate Karun Jhangian.

2019-10-22

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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