Hitachi Metals has acquired a majority stake in two Vikas group entities, RPS Vikas Castings and Garima Vikas Metals. RPS and Garima are engaged in the business of automotive castings..Trilegal acted for Hitachi Metals with a team led by Delhi Partner Charandeep Kaur along with Senior Associate Ramakant Rai and Associates Meha Rashmi and Prithwijit Gangopadhyay..Mori Hamada & Matsumoto acted as Japanese legal counsel for Hitachi Metals with Partner Ko Fujita while E&Y acted as financial advisors with Partner Nitin Suvarna..Vikas Group was advised by the company’s in-house team..According to ET, Vikas Group intends to invest Rs. 600 crore in the next three years at the group level to expand its top line revenue at Rs. 2,500 crore.
Hitachi Metals has acquired a majority stake in two Vikas group entities, RPS Vikas Castings and Garima Vikas Metals. RPS and Garima are engaged in the business of automotive castings..Trilegal acted for Hitachi Metals with a team led by Delhi Partner Charandeep Kaur along with Senior Associate Ramakant Rai and Associates Meha Rashmi and Prithwijit Gangopadhyay..Mori Hamada & Matsumoto acted as Japanese legal counsel for Hitachi Metals with Partner Ko Fujita while E&Y acted as financial advisors with Partner Nitin Suvarna..Vikas Group was advised by the company’s in-house team..According to ET, Vikas Group intends to invest Rs. 600 crore in the next three years at the group level to expand its top line revenue at Rs. 2,500 crore.