Kayaba Industry, a Japan-based manufacturer of suspension systems, hydraulic equipment, and system products has acquired 50 per cent stake in Conmat Systems for Rs. 57 crore ($10.5 million)..Rajani Associates advised Conmat and its promoters with a team comprising of Reena Grover, Tejasvini Shirodkar, Ankur Singhania and Jessica Chaudhary..Khaitan & Co advised Kayaba with a team led by Partner Zakir Merchant..Conmat is a group of companies, engaged in designing and manufacturing construction equipment, material handling systems, industrial storage systems and industrial automation and service provider for oil and gas pipeline.
Kayaba Industry, a Japan-based manufacturer of suspension systems, hydraulic equipment, and system products has acquired 50 per cent stake in Conmat Systems for Rs. 57 crore ($10.5 million)..Rajani Associates advised Conmat and its promoters with a team comprising of Reena Grover, Tejasvini Shirodkar, Ankur Singhania and Jessica Chaudhary..Khaitan & Co advised Kayaba with a team led by Partner Zakir Merchant..Conmat is a group of companies, engaged in designing and manufacturing construction equipment, material handling systems, industrial storage systems and industrial automation and service provider for oil and gas pipeline.
