Lakshmikumaran & Sridharan Attorneys Advised Toyota Group On The Acquisition Of Aar Dealership Business From Ravindu Motors Private Limited

Lakshmikumaran & Sridharan Attorneys advised Toyota Group on the acquisition of car dealership business from Ravindu Motors Private Limited

The full-service Indian law firm, Lakshmikumaran & Sridharan Attorneys (LKS) advised and represented the Toyota Group (“Toyota”) in its acquisition of the car dealership business from Ravindu Motors Private Limited (“Ravindu”) through a business transfer arrangement. Following the transaction, the dealership operates under the brand name “Bharat Toyota”, providing Toyota with comprehensive market coverage and a strong customer base in Karnataka.

The Firm provided end-to-end legal and transactional support to the Toyota Group, including structuring, drafting, and negotiation of transaction documents, and deal closing. LKS conducted a comprehensive legal due diligence on Ravindu Motors’ business undertaking and advised on the overall structuring of the transfer of multiple asset classes as part of the business transfer.

The LKS Corporate & M&A team comprised Srabonee Roy (Partner), Debanik Bid (Principal Associate), Sushmita Sharma (Associate), Mathanki Narayanan (Associate), and Atrijo Banerjee (Associate). The Competition & Antitrust team included Neelambera Sandeepan (Partner) and Charms Mathews (Senior Associate). The due diligence team advising on real estate matters included Kunal Arora (Partner), Mitushi Garg (Senior Associate), and Jeevesh Jain (Associate). Litigation support was provided by Dinesh Babu Eedi (Partner), with Parth Agrawal (Principal Associate) and Guru Charan Anumula (Associate). Regulatory and employment matters were advised by Kumar Panda (Principal Associate), Alekhya Kanda (Senior Associate), Aishwarya Narasimhan (Associate), and Netri Agrawal (Associate).

This transaction highlights LKS’s comprehensive capabilities and depth of expertise across diverse areas of law, reinforcing its position as a trusted legal advisor in complex business transfers and acquisitions.

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