28 Apr 2026
Deal: Trilegal advised Supreme Industries on strategic acquisition of Wavin’s (Orbia Group) pipes and fittings business
23 Jul 2025
23 Jul 2025
Trilegal advised The Supreme Industries Limited (Supreme), India’s largest plastics processor and a leading manufacturer of plastic piping systems, on its acquisition of pipes and fittings business in India of Wavin (part of the global Orbia Group).
The transaction is structured as a business transfer on a slump sale basis and involves three business transfer agreements with Wavin Industries Limited and its two subsidiaries, Wavin Holdings Limited and Wavin India Pipes and Fittings Manufacturing Private Limited (collectively, Wavin Entities). As part of the transaction, Supreme will also obtain exclusive access to Wavin’s advanced water management technologies in the SAARC region.
Trilegal (a) conducted a legal due diligence on the Wavin Entities; (b) reviewed, negotiated and finalised (i) the business transfer agreements and all ancillary documents, including conveyance deeds for transfer of immovable properties, intellectual property transfer agreements, and employment letters, and (ii) the master technology license agreement between Supreme and Wavin B.V. Netherlands; (c) assessed the notifiability of the transaction to the Competition Commission of India (CCI); and (d) advised on all other legal aspects of the transaction.
The Trilegal transaction team advising on the matter was led by Partner: Kosha Thaker; and supported by Senior Associate: Adit Munshi; and Associates: Niyati Khullar, Devarsh Shah, Tanisha Chivate, and Tejas Chadha.
The Trilegal due diligence team advising on the matter was led by Partner: Kosha Thaker; and supported by Senior Associate: Adit Munshi; and Associates: Niyati Khullar, Gayathri Pillai, Rajat Pareek and Devarsh Shah.
The Trilegal Competition Team advising on the matter was led by Partner: Gauri Chhabra; and supported by Senior Associate: Eesha Sheth; and Associate: Bhabya Mahapatra.
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With more than 140 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,100 professionals across Mumbai, Delhi, Bengaluru, and Gurugram offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024, Law Firm of the Year by Deal Volume at the VCCircle Awards in 2024, India Deal Firm of the Year at the Asian Legal Business (ALB) India Law Awards in 2023, and Best Law Firm to Work by Vahura in 2022.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com
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