Deal Corner
March 01, 2010
DICHTUNGSTECHNIK Wallstabe & Schneider GMBH & CO. KG and Deshmukh Rubber Works Private Limited

DEAL BRIEF

DICHTUNGSTECHNIK Wallstabe & Schneider GMBH & CO. KG ("DT") and Deshmukh Rubber Works Private Limited ("DRWPL"), the flagship company of the Divekar group, entered into a joint venture to engage in the business of manufacture and sale of automotive components. DT of is one of the leading players in the precision seals industry in Germany having a turnover in excess of 70 million € (2007). Divekar Group is one of the leading players in the manufacture and sale of automotive components in India.

OUR ROLE

We, at Nishith Desai Associates, acted as Transaction counsel for the deal and assisted both DT and DRWPL in this joint venture.


Disclaimer

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Deal Corner

March 01, 2010

DICHTUNGSTECHNIK Wallstabe & Schneider GMBH & CO. KG and Deshmukh Rubber Works Private Limited

DEAL BRIEF

DICHTUNGSTECHNIK Wallstabe & Schneider GMBH & CO. KG ("DT") and Deshmukh Rubber Works Private Limited ("DRWPL"), the flagship company of the Divekar group, entered into a joint venture to engage in the business of manufacture and sale of automotive components. DT of is one of the leading players in the precision seals industry in Germany having a turnover in excess of 70 million € (2007). Divekar Group is one of the leading players in the manufacture and sale of automotive components in India.

OUR ROLE

We, at Nishith Desai Associates, acted as Transaction counsel for the deal and assisted both DT and DRWPL in this joint venture.


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.