TKMS ATLAS ELEKTRONIK GmbH has entered into a Joint Venture agreement with CFF Fluid Control Limited to establish TKMS CFF Defence Systems Private Limited in India.
Shardul Amarchand Mangaldas & Co advised TKMS on this joint venture.
The transaction team was led by Alina Arora (Partner) and Parth Singh (Partner), and comprised Anubhav Singh (Associate) and Priyanjali Malik (Associate).
The intellectual property team comprised Dev Robinson (Partner), J.V. Abhay (Partner), Leoni Mahanta (Principal Associate), Aishwarya Chaturvedi (Senior Associate) and Shivali Prasad (Associate).
The new joint venture company will be held 51% by CFF Fluid Control Limited and 49% by TKMS. It will have its registered office in Mumbai, with dedicated manufacturing and integration operations from a purpose-built electronics and systems facility in Chakan, Pune, Maharashtra.
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