SAM advises Jupiter Wagons on strategic agreement with Schuler

Jupiter Wagons Limited has entered into a strategic agreement with Schuler Pressen GmbH and Schuler India for supply of manufacturing equipment, supervision and commissioning of production lines to produce and manufacture railway wheels and axles.

Shardul Amarchand Mangaldas & Co advised Jupiter Wagons and its subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited on this agreement.

The transaction team consisted of Abhishek Guha (Partner), Deepto Roy (Partner) Pranav Nanda (Principal Associate) and Vaibhav Gwalani (Associate).

The deal represents a key milestone in the journey of JWL in the railway sector and will enable JTRF to expand and bolster its capabilities of manufacturing railway wheels and axles.

The deal also aligns with JWL’s strategy to support the ‘Make in India’ initiative, boosting India’s manufacturing and supply capabilities in the railway sector.

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