Belgian family-owned BMT Group has acquired 60% stake in Involute Technologies, a Pune-based automobile parts manufacturing company, for 170 crore ($25.5 million)..Shardul Amarchand Mangaldas & Co acted for BMT Group with a team led by Mumbai Partner Mithun V. Thanks along with Principal Associate Anuj Bhasme, Principal Associate Designate Ankit Guhaand Senior Associate Designate Neety Thakkar..LegaLogic Consulting advised the sellers – Anil Somalwar, Manasi Auto Parts LLP and Auto Components Private Limited and Involute..The LegaLogic team was led by Partner Vivek Sadhale along with Ninad Deshpande and Rutuja Deshpande..The acquisition of Involute provides the BMT group a readymade platform in India and Asia, with an opportunity to participate in India’s growth plans, especially for the railway sector.
Belgian family-owned BMT Group has acquired 60% stake in Involute Technologies, a Pune-based automobile parts manufacturing company, for 170 crore ($25.5 million)..Shardul Amarchand Mangaldas & Co acted for BMT Group with a team led by Mumbai Partner Mithun V. Thanks along with Principal Associate Anuj Bhasme, Principal Associate Designate Ankit Guhaand Senior Associate Designate Neety Thakkar..LegaLogic Consulting advised the sellers – Anil Somalwar, Manasi Auto Parts LLP and Auto Components Private Limited and Involute..The LegaLogic team was led by Partner Vivek Sadhale along with Ninad Deshpande and Rutuja Deshpande..The acquisition of Involute provides the BMT group a readymade platform in India and Asia, with an opportunity to participate in India’s growth plans, especially for the railway sector.
