Atlas Copco Group Company acquired Bengaluru-based HHV Pumps Private Limited.
Dua Associates Mumbai advised Atlas Copco Group Company. The team was led by Partners Anish Ghoshal and Pramod Gharge along with Principal Associates Ruchika Sidhwani, Ravindra Mangire, and Rajat Agarwal.
Senior Associate Chirashree K. acted on behalf of Edwards Limited, a UK-based company and a group entity of Atlas Copco, in acquiring the entire shareholding of HHV Pumps Private Limited, a company based out of Bengaluru with various non-resident shareholders.
The acquired business will become part of the Industrial Vacuum Division within the Vacuum Technique Business Area of Atlas Copco
Atlas Copco is a global, industrial company based in Stockholm, Sweden, whose market-leading compressors, pumps, power tools and assembly systems can be found everywhere. Given that they view India is an important market, the Swedish company hopes to strengthen their market presence and local manufacturing presence through the acquisition of HHV Pumps.