Kedaara Capital Fund and Sunbeam Lightweighting Solutions Complete 100% Acquisition by Craftsman Automation in Strategic Transaction
JSA advised and assisted Kedaara Capital Fund II LLP (“Kedaara”) and Sunbeam Lightweighting Solutions Private Limited (“Sunbeam”) in the transaction involving the acquisition of 100% shareholding in Sunbeam by Craftsman Automation Limited (“Craftsman Automation”), and further primary investment by Craftsman Automation in Sunbeam.
The transaction involved complex structuring, and was completed after obtaining the approval of the Competition Commission of India.
JSA’s transaction team was led by Partner Siddharth Mody, with support from Partner Anurag Shrivastav, Senior Associate Alister Sequeira, and Associate Ayush Chaturvedi. Their competition team included Partners Vaibhav Choukse and Ela Bali, Principal Associate Nripi Jolly, Associate Prashasti Srivastav, and Junior Associate Arundhati Rajput.
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