Ravi Singhania, Arjun Anand, Partner and Utkarsh Nigam, Associate of Singhania & Partners LLP advised Imperial Auto Industries Limited (IAI) in a share acquisition for purchase of 100% shares of SB Rohrform- und Schlauchtechnik GmbHsetting by Imperial Auto Industries Limited. The deal marks Imperial’s entry in Germany for technical development and manufacturing of auto parts for European cars, engines, and truck OEMs.
IAI is India’s largest integrated manufacturer and assembler of fluid transmission products covering all spectrums that include flexible high-pressure assemblies, metal tubular assemblies, low-pressure hose assemblies, and rubber components. Established in 1969, it manufactures products for the passenger cars, commercial vehicles, construction & agricultural equipments, and two- & three-wheeler industries.
S B Rohrform is in the business of tubes and lines since 1997, and has worked as a primary path development supplier for several passenger cars and Tier-1 companies in Germany.