SNG and Desai Diwanji advise on 5050 JV between Bharat Forge and David BrownJune 13 2011
Leading Indian auto parts maker Bharat Forge (BFL) has entered into an agreement with David Brown System India (Holdings), through its wholly-owned subsidiary BF Infrastructure Ventures Limited (BFIVL) to form a 50:50 joint venture company.
The JV company will serve the Indian heavy engineering industry and will supply both new build gearboxes and comprehensive aftermarket services to sectors like power, mining, defence, steel etc.
SNG & Partners advised David Brown with a team led by Partner Amit Aggarwal along with Principal Associate Saroj Pandey and Senior Associate Devyani Dhawan.
Desai & Diwanji assisted the in . . .
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