Aliaxis Group acquisition of Ashirvad Pipes

5/7/2018

Private acquisition

Value:

$ 116 million

Status:

Announced

Date:

5/7/2018

Overview:

Aliaxis has acquired 40% in Ashirvad Pipes from its founders Poddar family.
Once the the transaction is completed the company will be wholly-owned by Aliaxis.

Daniel Semerdzhiev - Data analyst

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

India

Industry sector:

Industrials and manufacturing

Firms:

AZB & Partners

Party: Poddar Family (Seller)

Cyril Amarchand Mangaldas

Party: Aliaxis Group SA (Acquirer)

Debevoise & Plimpton

Party: Poddar Family (Seller)

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