Sandvik Finance B.V. - Acquisition of 100% of the share capital of Mastercam India Private Limited

Khaitan & Co Advised Sandvik Finance B.V., a group company of Sandvik AB, in relation to its acquisition of 100% of the share capital of Mastercam India Pvt Ltd. The target is engaged in the distribution of advanced manufacturing solutions, including software, hardware, training and support to industrial and educational users in across India, the SAARC region, and the Middle East. The acquisition was undertaken for Sandvik’s Machining and Intelligent Manufacturing business

The Firm advised on the transaction from end to end, including reviewing the non-binding offer, conducting legal due diligence, advising on transaction structuring and key legal issues, drafting, negotiating and finalizing the share purchase agreement and ancillary transaction documents, and assisting with signing and closing of the transaction.