Khaitan, Spice Route Legal act on Kilburn acquisition of M.E Energy

Kilburn Engineering Ltd has acquired M.E Energy Private Limited for an aggregate consideration of ₹98.70 crore, paid partly in cash and partly by way of issuance of shares of Kilburn to the promoter of M.E Energy.

Khaitan & Co advised Kilburn Engineering on this acquisition deal.

The core team consisted of Shourya Sengupta (Lead Partner), Sneh Lata (Principal Associate), Vibhav Seth (Associate), Rusha Ghosh Dastidar (Associate) and Unnati Khanna (Associate) with assistance from the following:

Intellectual Property aspects: Shailendra Bhandare (Partner), Sourav Dan (Principal Associate) and Kinjal Parikh (Associate).

Employment aspects: Abhinav Rastogi (Partner) and Ransher Singh (Associate)

Tax related Aspects: Amit Ganatra (Executive Director) and Akshara Shukla (Senior Associate)

Competition Law aspects: Anisha Chand (Partner) and Siddharth Bagul (Senior Associate).

Spice Route Legal advised M.E Energy on this acquisition deal.

The transaction team consisted of Praveen Raju (Partner), Janhavi Joshi (Senior Associate), Pranjal Pandey (Associate) and Chirag Rathi (Associate).

Spice Route Legal advised M.E Energy on this acquisition deal.

The transaction team consisted of Praveen Raju (Partner), Janhavi Joshi (Senior Associate), Pranjal Pandey (Associate) and Chirag Rathi (Associate).

Post the acquisition, M.E Energy has become a wholly owned subsidiary of Kilburn Engineering and this is a decisive step for Kilburn to emerge as a comprehensive solution provider in the field of thermal engineering and heat recovery systems.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.