Corporate/M&A: Highly Regarded
Asia-Pacific Guide 2024 : India
Band 2
About
Provided by Spice Route Legal
Spice Route Legal’s 32-strong Corporate and M&A practice is a prominent presence in the market, working with companies and investors across multiple major (and highly regulated) sectors, including the Technology, Media & Telecoms, Energy and Life Sciences & Healthcare, Financial Services, Aviation, Manufacturing, Chemicals, FMCG and Logistics industries.
We often work on highly regulated and niche M&A deals and in 2023, we have advised on M&A deals valued at over USD2 billion.
In addition, we advise on matters regarding corporate and commercial advisory, investments and divestments, M&A, joint ventures and hive-offs, India entry strategies, externalisations, and corporate restructuring, amongst other things.
Work highlights:
- Advised Savex Technologies on its acquisition of Inflow Technologies - the largest acquisition in the Indian hardware /software distribution space.
- Advised Test and Verification Solutions, an American semi-conductor company, on its 100% sale of shares to the Hero Group, one of India’s largest automobile manufacturers.
- Advised Ohmium International, a leader in hydrogen fuel cell technology, on a joint venture agreement with one of India’s largest government owned companies and on its acquisition of enArka, an Indian power electronics company.
- Advised the Indian arm of UK-headquartered Brandenburg, a leading manufacturer of pest control systems, on its 100% sale of shares to Pelsis Holding (UK) and B&G Holding (Europe).
Chambers Review
Spice Route Legal is a respected law firm with a solid foothold in India's legal market. The team represents names from fields such as infrastructure, healthcare and renewable energy. The firm acts for both sellers and buyers and counts an appreciable amount of cross-border work among its portfolio. The lawyers are skilled in the formation of new structures and entities and corporate restructuring, alongside its pure transactional work. Spice Route Legal has offices in Mumbai, Bengaluru, Delhi and Kochi. Clients of the firm include Ananta Capital, WeWork and MLR Auto.
Work Highlights
- Spice Route Legal advised SenseHawk on the sale of a 79% stake in the company to Reliance Industries, in a deal worth USD32 million.
Strengths
Provided by Chambers
"Spice Route Legal are excellent. It has been very good dealing with them."
"They are extremely responsive and always deliver a professional and timely work product."
"Spice Route Legal are excellent. It has been very good dealing with them."
"They are extremely responsive and always deliver a professional and timely work product."
Notable Practitioners
Praveen Raju in Mumbai has notable technology sector expertise in the transactional space, as well as handling deals in other sectors. He advises on acquisitions and investments for domestic and multinational companies.
"Praveen is an extremely well-rounded, knowledgeable and business-minded lawyer."
"He is a seasoned player who puts forth his viewpoint and convinces all parties."