M&A
INR 8.37 bn
FY12
Acquisition of UPS business of Numeric Power Systems by Legrand, France
Legrand acquired the UPS division of Numeric Power Systems (India’s market leader for UPS solutions). Numeric UPS brings Legrand a strong product portfolio, strong brand, and an extensive sales network across India. The acquisition continued Legrand’s expansion into the UPS market – a business line that offers an excellent fit with energy-distribution and energy-performance activities of Legrand
Acquisition of UPS business of Numeric Power Systems by Legrand, France
Legrand acquired the UPS division of Numeric Power Systems (India’s market leader for UPS solutions). Numeric UPS brings Legrand a strong product portfolio, strong brand, and an extensive sales network across India. The acquisition continued Legrand’s expansion into the UPS market – a business line that offers an excellent fit with energy-distribution and energy-performance activities of Legrand
M&A
NA
FY12
Sale of Messung Group to Mitsubishi Electric Corporation, Japan
Mitsubishi Electric acquired Messung Group (India-based manufacturer of PLC & Human Machine Interfaces and one of Mitsubishi Electric's sales & distribution partner in India). The acquisition allows Mitsubishi Electric to accelerate its industrial automation systems business in India and strengthen local sales and solutions
Sale of Messung Group to Mitsubishi Electric Corporation, Japan
Mitsubishi Electric acquired Messung Group (India-based manufacturer of PLC & Human Machine Interfaces and one of Mitsubishi Electric's sales & distribution partner in India). The acquisition allows Mitsubishi Electric to accelerate its industrial automation systems business in India and strengthen local sales and solutions
M&A
NA
FY12
Olam Agro acquisition of 100% shareholding in Hemarus Industries Limited
One of few control transaction in commodity space (Sugar) by overseas acquirer
Olam Agro acquisition of 100% shareholding in Hemarus Industries Limited
One of few control transaction in commodity space (Sugar) by overseas acquirer
M&A
NA
FY12
Divestment of 100% equity share holding in Vikas Publishing House to S. Chand & Company
Unique combination of acquisiton and followed by a fund raise
Divestment of 100% equity share holding in Vikas Publishing House to S. Chand & Company
Unique combination of acquisiton and followed by a fund raise
M&A
INR 55.6 bn
FY11
Divestment of 63% shareholding, held by Promoters and General Atlantic Partners, to iGate Corporation
A landmark transaction in the IT services sector involving the acquistion of Patni Computers, a leading IT services compay in India, Nasdaq listed iGate Corporation
Divestment of 63% shareholding, held by Promoters and General Atlantic Partners, to iGate Corporation
A landmark transaction in the IT services sector involving the acquistion of Patni Computers, a leading IT services compay in India, Nasdaq listed iGate Corporation
M&A
INR 9.4 bn
FY11
Reliance Capital’s investment in UTV news
Ambit advised UTV on the sale of equity stake to Reliance Capital Ltd in Bloomberg-UTV. Bloomberg UTV, business news channel, was a strategic partnership between Bloomberg LP, a global leader in business information, and UTV
Reliance Capital’s investment in UTV news
Ambit advised UTV on the sale of equity stake to Reliance Capital Ltd in Bloomberg-UTV. Bloomberg UTV, business news channel, was a strategic partnership between Bloomberg LP, a global leader in business information, and UTV
M&A
INR 8.3 bn
FY11
Divestment of c.18 acre real estate asset located in Mumbai by Borosil Glass Works to Sheth Group
Borosil divested its c. 18 acre non-core real estate asset located in Andheri (E) in Mumbai to Sheth Group, thereby helping unlock shareholder value
Divestment of c.18 acre real estate asset located in Mumbai by Borosil Glass Works to Sheth Group
Borosil divested its c. 18 acre non-core real estate asset located in Andheri (E) in Mumbai to Sheth Group, thereby helping unlock shareholder value
M&A
INR 6 bn
FY11
Sale of Switchgear business to Legrand, France
Legrand acquired the switchgear business of Indo-Asian Fusegear. The two businesses are complementary with Indo Asian Switchgear being a major retail player for protection devices (MCCB, RCCB, distribution boards, etc.) while Legrand holds strong positions in both high value-added protection systems mostly used in project business and in premium wiring devices
Sale of Switchgear business to Legrand, France
Legrand acquired the switchgear business of Indo-Asian Fusegear. The two businesses are complementary with Indo Asian Switchgear being a major retail player for protection devices (MCCB, RCCB, distribution boards, etc.) while Legrand holds strong positions in both high value-added protection systems mostly used in project business and in premium wiring devices
M&A
NA
FY11
Divestment by BMI of 51% shareholding of Calvin Klein franchise in India to Warnaco Inc.
Unique franchisee business divestiture
Divestment by BMI of 51% shareholding of Calvin Klein franchise in India to Warnaco Inc.
Unique franchisee business divestiture