AZB & Partners Advised Innomotics India On Acquisition Of Siemens’ Low Voltage Motors And Geared Motors Business

AZB & Partners Advised Innomotics India on Acquisition of Siemens’ Low Voltage Motors and Geared Motors Business

The leading law firm in India, AZB & Partners is advising Innomotics India (a KPS portfolio company) on its purchase of the low voltage motors and geared motors business from Siemens Limited for an enterprise value of INR 2,200 crore. The transaction is subject to CCI approval and other customary closing conditions.

The AZB & Partners deal team comprised Senior Partner Divya Mundra, Partner Kritika Agarwal, Senior Associate Darshan Rampuria, and Associates Siddharth Tandon, Aryan Tulsyan, and Sanjana Samuel, with support on due diligence aspects from Partners Nishanth Ravindran, Ajay Singh Solanki, Nandan Pendsey, Esq., and Ruchit Parikh, Counsel Arun Babu, Senior Associates Jay Shah and Ankit Dutta, and Associates Ayushi Singh and Labdhi Golechha; on financing aspects from Partner Nikunj Maheshwari and Associates Piyush Tiwari and Isha Sheth; on tax aspects from Partner Aditya Singh Chandel, Senior Associate Suhail Bansal, and Associate Akshat Jain; and on anti-trust aspects from Senior Partner Bharat V Budholia and Associates Anmol Awasthi, Varnika Agarwal, and Arth Joshi, with additional support from Senior Associate Sahaj Badaya.

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