Name and Description of AcquirerNord Holdings | Germany
NORD Holding is one of Germany's leading private equity asset managers.
Name and Description of Target: GEA Group | India
About GEA Group:
GEA is one of the largest technology suppliers for food processing and a wide range of other industries. The global group focuses on technologies, components and sustainable solutions for sophisticated production processes in diverse end-user markets.
About GEA India:
GEA India headquartered in Vadodara, Gujarat is engaged in providing process engineering solutions, equipment and services for the dairy, food, chemical, pharmaceutical, marine, beverage and brewery industry including industrial refrigeration.
Deal Description: GEA Group has sold its refrigeration compressor manufacturer Bock business to German private equity business Nord Holding. The transaction includes Bock GmbH and its subsidiaries in the Czech Republic and India, as well as its sites in China and Australia selling their Bock business to Nord Holding. Khaitan and Co. assisted GEA Group in the India leg of the global transaction.
Employment law assistance: Anshul Prakash, Deepak Kumar, Prachi Vijay
Data Privacy law assistance: Supratim Chakraborty, Sumantra Bose, Sneh Lata
Taxation law assistance: Vinita Krishnan, Jimmy Bhatt
Real Estate law assistance: Sudheer Madamaiah, Mukund Ullur, Bhargav N Rao
Secretarial assistance: Subramanian Ramaswamy
Competition law assistance: Rahul Singh
Regulatory law Assistance: Vinay Joy, Srishti Ramkrishnan
Role of Firm: Khaitan and Co. assisted GEA Group in the Indian leg of the global transaction pertaining to the sale of refrigeration compressor manufacturer Bock business of GEA entities spread across the world to Nord Holdings, Germany. Khaitan and Co. was involved in the internal restructuring of Indian entities businesses as part of the said global transaction. Khaitan and Co. worked on preparing, negotiating and finalizing transaction documents pertaining to the transfer of Bock and Non-Bock Business between GEA India entities and other relevant documents pertaining to India leg of the global transaction.
Other legal advisors if any with names of Lead Lawyers: Baker & Mckenzie
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