|Deals & Matters|
|30 May 2021|
Kochhar & Co. represented M/s. Kirloskar Oil Engines Limited (“KOEL”), a listed company and a leading manufacturer of diesel engines and generating sets, in its acquisition of the business of the partnership firm OptiFlex Energy (engaged in manufacturing and selling of wires, cables etc.). KOEL, through its subsidiary, acquired the business of M/s Optiflex by way of a slump sale.
The Kochhar team comprising its Mumbai Resident Head & Senior Partner Rajarshi Chakrabarti, Partner Sameena Jahangir, Senior Associate Tavishi Chandra and Associate Sneha Bhagwat advised KOEL on all aspects of the transaction including conducting a due diligence, drafting of the transaction and ancillary documents and assisting in the pre-closing, closing and post-closing formalities.