Arjun Anand, Partner and Rohit Jain, Senior Associate of Singhania & Partners LLP and Rishab Shroff of Cyril Amarchand advised on the Joint Venture between Nichirin Company Limited, Japan and Imperial Auto Industries Limited for the manufacturing and sale of rubber brake hose, fuel hose and air conditioning hose in India. The deal brings together two automobile giants to create an auto ancillary major in the field of rubber brake hose business in India. The Joint venture will leverage Nichirin’s technical expertise and Imperial’s procurement knowledge and relationships with suppliers of key raw materials and components.
Singhania acted for Imperial and Cyril Amarchand acted for Nichirin.
Deal Value- Upwwards of USD 5million