Bosch Limited has acquired Bosch Chassis Systems from its parent companies Robert Bosch Investment Nederland B.V. and Robert Bosch LLC (US) for $970 million (₹9,068.68 crore), through a cash deal and issuance of equity shares on a preferential basis.
JSA Advocates & Solicitors represented Robert Bosch Investment Nederland B.V. and Robert Bosch LLC (US) on this transaction.
The transaction was led by Anand Lakra (Partner) with support from Ami Shah (Principal Associate), Associates Janhavi Jagtap and Rahi Barfiwala
Kumarmanglam Vijay (Partner and Head of Practice, Direct Tax) and Surajkumar Shetty (Partner) advised on Direct Tax law aspects.
Bosch Chassis Systems India is one of the market leaders in automotive safety systems. Its offerings include active safety (antilock braking system, electronic stability control, and new braking systems), passive safety (airbag ECU and sensors) and actuation braking systems for passenger cars, two-wheelers, and commercial vehicles.
Post acquisition, Bosch Chassis Systems India will continue to operate as an independent entity with its governance being driven by Bosch Limited.
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