AZB & PARTNERS ADVISED TRELLEBORG IN ACQUIRING AUTOMOTIVE BOOTS MANUFACTURER IN INDIA
Trelleborg Group has, through its business area Trelleborg Industrial Solutions, signed an agreement to acquire an operation specializing in automotive boots for the fast-growing Indian light vehicles market. The operation is part of the India-based privately owned company Injectoplast. The acquisition means that Trelleborg further strengthens its globally leading market position in automotive boots.
The company has its head office and manufacturing in Kanpur, in the north of India, close to a light vehicle manufacturing cluster, and has annual sales of approximately SEK 70 M.
AZB & Partners advised Trelleborg in the acquisition. The AZB & Partners team comprised of Partner Bhuvana Veeraragavan and Counsel Gautam Rego.
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