Shardul Amarchand Mangaldas & Co. (SAM) assisted Eurogroup Laminations S.P.A. in finalizing the definitive documents for its acquisition of a 40% stake in Kumar Precision Stampings Private Limited.
Kumar Precision is a prominent local player specializing in the production and distribution of stators and rotors for electric motors, serving various industrial and domestic needs.
This strategic acquisition is a key milestone for EGLA, enabling it to strengthen its global industrial business unit and enter the rapidly growing Indian market. This move opens up new opportunities and marks EGLA’s entry into the expanding transformers business.
The transaction team included Abhishek Guha (Partner), Tanya Uppal (Partner), Kajal Advani (Senior Associate), and Reeya Benedict (Senior Associate).
The due diligence team comprised Abhishek Guha (Partner), Tanya Uppal (Partner), Radhika Dudhat (Partner), Mukul Baveja (Partner), Priyanka Sheth (Counsel), Rachna Bagri (Counsel), Kajal Advani (Senior Associate), Reeya Benedict (Senior Associate), Dhwani Baxi (Senior Associate), Aditi Rastogi (Senior Associate), Chayanika Goyal (Senior Associate), Srijan Srivastava (Associate), Disha Basnet (Associate), and Shagun Singhal (Associate).
O.P Khaitan & Co. provided legal advice to Kumar Precision Stampings Private Limited.
Eurogroup Laminations S.P.A. received international legal, investment banking, and taxation advice from Freshfields Bruckhaus Deringer L.L.P, Mediobanca – Banca di Credito Finanziario S.p.A., and PriceWaterhouseCoopers, respectively.
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