Deal Corner
February 01, 2012
Bilfinger Berger Industrial Services GmbH

DEAL BRIEF

Bilfinger Berger Industrial Services GmbH ("BIS"), the largest German provider of repair and maintenance services for plants in the process industry and having a strong market position in Europe and US, has acquired 98% and 100% stake in Surat based companies Neo Structo Construction Limited ("Neo Structo") and Spetech Plant Equipments Private Limited ("Spetech"), respectively. Neo Structo is a public limited company in India and is engaged in the business of, inter alia, execution of mechanical engineering projects involving fabrication & erection of various pressure vessels, reactors and engineering equipment like reformers, heaters, vessels, tanks, heavy static and rotary equipments, cryogenics plants, piping and structures, etc. for Indian and international clients. Spetech is a private limited company engaged in the business of, inter alia, execution of mechanical engineering projects involving fabrication of various pressure vessels, tanks, heavy static and rotary equipments, cryogenics plants, piping and structures, etc. for Indian and international clients.

OUR ROLE

We, at Nishith Desai Associates, acted as Indian legal and tax counsel to BIS for this transaction.

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Deal Corner

February 01, 2012

Bilfinger Berger Industrial Services GmbH

DEAL BRIEF

Bilfinger Berger Industrial Services GmbH ("BIS"), the largest German provider of repair and maintenance services for plants in the process industry and having a strong market position in Europe and US, has acquired 98% and 100% stake in Surat based companies Neo Structo Construction Limited ("Neo Structo") and Spetech Plant Equipments Private Limited ("Spetech"), respectively. Neo Structo is a public limited company in India and is engaged in the business of, inter alia, execution of mechanical engineering projects involving fabrication & erection of various pressure vessels, reactors and engineering equipment like reformers, heaters, vessels, tanks, heavy static and rotary equipments, cryogenics plants, piping and structures, etc. for Indian and international clients. Spetech is a private limited company engaged in the business of, inter alia, execution of mechanical engineering projects involving fabrication of various pressure vessels, tanks, heavy static and rotary equipments, cryogenics plants, piping and structures, etc. for Indian and international clients.

OUR ROLE

We, at Nishith Desai Associates, acted as Indian legal and tax counsel to BIS for this transaction.

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.