JSA leads on Nabtesco-Uno Minda JV

Bar & Bench December 18 2012

Nabtesco Automotive Corporation, a Japanese market leader in air brake components has entered into a Joint Venture in India with Uno Minda, part of the NK Minda Group, for designing, manufacturing and sale of air brake products for commercial vehicles and clutch products for passenger vehicles.

The Joint Venture will be set up with equity of Rs. 37.3 crore in a 51:49 partnership with Uno Minda holding 51 per cemt and Nabtesco holding 49 per cent of the equity.

J. Sagar Associates advised Nabtesco with a team led by Partners Jyoti Sagar and Rohitashwa Prasad, Senior Associate Abhishek . . .

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