Leclanché/Exide Industries joint venture

20/7/2018

Joint venture

Status:

Announced

Date:

20/7/2018

Overview:

The new joint venture will produce batteries and will provide energy storage systems for the market in India.
Exide Industries will hold a 74.99% of the joint venture and Leclanché will hold the rest 25.01%.

Daniel Semerdzhiev - Data analyst

Jurisdiction:

India

Deal type:

Joint venture

Practice area:

M&A

Governing law:

India

Industry sectors:

Consumer goods and services
Technology and telecommunications

Firms:

Shardul Amarchand Mangaldas & Co

Party: Exide Industries Ltd (Joint venture partner)

Trilegal

Party: Leclanché SA (Joint venture partner)

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