Lakshmikumaran & Sridharan Advises Regal Rexnord On Indian Leg Of Global Acquisition By WEG S.A.

Lakshmikumaran and Sridharan represented Regal Rexnord Corporation in the Indian segment of a global acquisition where WEG S.A. acquired the industrial electric motors and generators business. This involved selling Regal Rexnord's entire stake in Marathon Electric Motors (India) Limited to WEG Holding B.V. \r

The firm conducted vendor legal due diligence, drafted, reviewed, and finalized transaction documents, advised on direct tax implications, managed internal reorganization and employee transfers in India, and facilitated the transaction's closure. \r

The deal team, led by Mr. Gaurav Dayal and Mr. Sushrut Biswal, included several associates who assisted with due diligence, employment law matters, and tax issues specific to the Indian jurisdiction.