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PDS, Khaitan act on AB Grasim’s JV with German Maschinenfabrik Reinhausen (Oct ‘19)

Aditya Birla group owned Grasim is forming a joint venture in India with Germany-based Maschinenfabrik Reinhausen for manufacturing and selling composite hollow core insulators (CHCI) that caters to industries like the power transmission and distribution industry globally, Grasim announced on Tuesday.

The Economic Times

The joint venture named as Aditya Birla Power Composites is set to lay out around INR 100 crores to open a facility in Halol, Gujrat to foray into the composite hollow core insulator segment.

PDS Legal advised Maschinenfabrik Reinhausen GmbH led by a team of partner Monika Deshmukh, senior associate Pooja Radia, associate Karun Jhangiani.

Khaitan & Co represented Aditya Birla Group led by partner Nikhilesh Panchal, principal associate Purti Minawala and associate Chintan Aashwini.


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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