JSA leads on Zamil’s acquisition of Advantec Coils

Pallavi Saluja June 28 2013

Saudi Arabia-based Zamil Industrial Investment Company has acquired the remaining 70 per cent from its joint venture partner Advantec Coils for an estimated Rs. 300 crore.

Prior to the transaction, Zamil had originally owned a minority stake in Advantec Coils, which it acquired in 2008.

J. Sagar Associates advised Zamil with a team led by Partners Upendra Nath Sharma, Sidharrth Shankar and Nitesh Bhasin along with Associate Vatsal Gaur.

Advantec Coils was advised by its in . . .

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