Trilegal advised Zeco Aircon Limited in its 100% acquisition by Munters AB Sweden through its wholly owned Indian subsidiary Munters India Humidity Control Private Limited on an enterprise value of INR 6,00,00,00,000 (Indian Rupees Six Hundred Crore).
This is a significant transaction in the HVAC industry and amongst the largest deals in the Air Handling Unit segment.
The Trilegal team advising on the matter was led by our Corporate Partner Abhishek Dubey, who was supported by Ishita Sinha, Senior Associate; and Hetal Doshi, Pallov Upadhyay and Sagnik Sarkar, Associates.
Media Link:
munterspressrelease4september2023.pdf
About Trilegal
Trilegal is one of India’s leading law firms, with expertise across the full spectrum of corporate legal services. Trilegal has offices in four key cities of India.
Trilegal has been recognised as the India Deal Firm of the Year by Asian Legal Business (ALB) India Law Awards 2023; one of the ‘Best Overall Law Firms’ at the India Business Law Journal Indian Law Firm Awards 2022; ‘Firm of the year’ for Client Service Excellence by Asia Law Awards 2021; “M&A Law firm of the Year” by VCCircle Awards 2020 one of the most innovative law firms in Asia in the inaugural edition of ALB Trailblazers 2020; and ‘highly commended’ in the FT RSG Innovative Lawyers Awards 2020.
For more information, please contact:
Sahil Wason
Mob: +91-8928008122 | BD@trilegal.com
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