AZB & Partners Advised L&T Semiconductor Technologies And Kaynes Semicon On Cross-Border ¥2 Billion Acquisition From Fujitsu General
AZB & Partners advised L&T Semiconductor Technologies and Kaynes Semicon on the ¥2 billion acquisition of Fujitsu General’s power modules business, strengthening India–Japan ties in semiconductor manufacturing.
AZB & Partners Advised L&T Semiconductor Technologies and Kaynes Semicon on Cross-Border ¥2 Billion Acquisition from Fujitsu General
AZB & Partners advised L&T Semiconductor Technologies (LTSCT) and Kaynes Semicon Private Limited (Kaynes Semicon) on a significant ¥2 billion cross-border acquisition, marking a key milestone in the India–Japan semiconductor collaboration.
The transaction involves the acquisition of Fujitsu General’s power modules business by LTSCT, with associated production facilities being transferred to Kaynes Semicon. This strategic deal is expected to bolster India’s ambitions in semiconductor manufacturing and is subject to regulatory approvals.
The AZB & Partners team advising on the transaction comprised Aarthi Sivanandh (Senior Partner), Bhavana Alexander (Partner), and Keerthi Chowdary (Associate).
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