Siemens AG is acquiring New Delhi-based C&S Electric Limited for around Rs.2,100 crore (euro 267 million).

Cyril Amarchand Mangaldas acted for Siemens and the team was led by Partner Saurya Bhattacharya.

S&R Associates advised C&S Electric and the team included Partners Sanjeev Adlakha and Shivaji Bhattacharya and Associates Tarinee Sudan, Meher Mehta, Neethu Roy, Addway Bandyopadhyay and Anurag Goswami.

Simran Dhir, head of competition practice, and associates Dhruv Agarwal and Ishika Rout advised on competition law matters.