November 07, 2022, Mumbai/ Delhi: Cyril Amarchand Mangaldas advised CHG-MERIDIAN AG on the acquisition of OPC Asset Solutions Private Limited (OPC Asset Solutions), by way of share purchase from the shareholders of OPC Asset Solutions.
The General Corporate Practice of Cyril Amarchand Mangaldas advised CHG-MERIDIAN AG on the transaction and assisted with structuring, reviewing, negotiating and finalizing the transaction documents. The transaction team was led by Akila Agrawal, Partner and Head – M&A; Navin Kumar, Partner; with support from Gurkaran Arora, Senior Associate; Ashlesha Mittal, Associate; and Abhishek Ganguly, Associate.
The Employment law advisory and due diligence was led by Ankita Ray, Partner.
OPC Asset Solutions is engaged in the business of asset lifecycle management. The Transaction is part of CHG-MERIDIAN AG Group’s strategy focusing on ‘usage over ownership’ as a business model, rooted in the sustainable principles of a circular economy. With this acquisition, CHG-MERIDIAN AG intends to service a large number of Indian clients.
Other Advisors to the transaction included KPMG (acted as tax advisor for CHG-MERIDIAN AG) and S&R Associates (acted as the legal advisor to the selling shareholders).
The transaction was signed on October 19, 2022; and closed on October 20, 2022.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
