Switzerland-based mechanical engineering company Ammann Group Holding AG has fully acquired the stake of its partner in a
joint venture . Gujarat Apollo Industries Ltd, which operates Ammann India Pvt. Ltd, is selling its 30% stake in the JV for Rs 202.43 crore (approximately $26.57 million at current exchange rates).
PDS Legal advised
J Sagar Associates acted as the Indian legal counsel to
2020-06-19
Deal value: INR 202.43 crore (USD 26.5 million)
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.