FMCG giant Hindustan Unilever Limited (HUL) announced it has acquired 51% stake in Zywie Ventures Private Limited (Zywie), which owns the brand OZiva. According to the company’s exchange filing, “it is now informed that Hindustan Unilever Limited (“the Company”) has completed the acquisition of 51% shareholding of Zywie for a total consideration of INR 264.28…
WilsonHCG, a global talent leader, has announced the acquisition of Personify, an award-winning recruitment process outsourcing (RPO) provider. Personify specializes in the life sciences, healthcare, biotech and pharmaceuticals sectors and other industries experiencing critical skills shortages. Personify, a leader in its core markets, provides executive search and recruitment marketing services alongside its RPO solutions. Headquartered…
Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Limited (TML), and Ford India Private Limited (FIPL) had executed a Unit Transfer Agreement on August 7, 2022 for acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat, which inter-alia includes: (i) entire land & buildings (Sanand Property); (ii) Vehicle Manufacturing Plant along with…
Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, has signed an agreement to acquire a 54% equity stake in NOVELIC, a Serbia-based company founded in 2012, that is a leading provider of mmWave radar sensors, perception solutions and full-stack embedded systems. ADAS sensors are a fast-growing…
Bharat Forge Limited announced that J S Auto Cast Foundry India Private Limited (JS Auto), its step-down subsidiary has entered into Business Transfer Agreement with Indo Shell Mould Limited (ISML) for acquiring their SEZ Unit in SIPCOT, Erode. The SEZ Unit with a capacity of 42,000 MTPA, supplies fully machined critical castings to marquee customers…
TAFE, a manufacturer of tractors and farm equipment, announced the acquisition of the Indian interior systems business of French global automotive supplier Faurecia for about ₹400 crore, according to The Hindu BusinessLine report. A part of the Group Forvia, Faurecia is among the top 10 global automotive supplier with 1,11,000 employees across 33 countries. Faurecia…
Heidrick & Struggles, a provider of global leadership advisory and on-demand talent solutions, has entered into an agreement to acquire Atreus, one of the leading players for executive interim management in Germany. The acquisition builds on Heidrick & Struggles’ leadership position in the on-demand talent space by expanding this offering into Continental Europe and is an…
Reliance Consumer Products Limited (RCPL), the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL), Lotus Chocolate Company Limited (LOTUS) and Prakash P Pai, Ananth P Pai & other members of the current promoter and promoter group of LOTUS, executed definitive agreements, in terms of which: a) RCPL will acquire 65,48,935 equity…
Mensa Brand Technologies Pvt. Ltd, which owns a clutch of direct-to-consumer companies under Mensa Brands, has partnered with India Lifestyle Network to acquire lifestyle portals MensXP, iDiva, and creator management and marketing company Hypp from Times Internet for an undisclosed sum, according to VCCircle report. The acquisitions that have been done for an undisclosed sum will enhance Mensa’s digital brand-building…
BP p.l.c. (bp), a British multinational oil and gas company, announced it has completed its purchase of Archaea Energy Inc., a leading provider of renewable natural gas (RNG), marking a milestone in the growth of bp’s strategic bioenergy business. “We see enormous opportunity to grow our bioenergy business by bringing Archaea fully into bp,” said Dave…
JSW Energy Limited has completed the acquisition of Ind-Barath Energy (Utkal) Limited (Ind-Barath) pursuant to the Resolution Plan (RP) submitted under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code, 2016 and approved by the Committee of Creditors (CoC) and National Company Law Tribunal. The RP has now been implemented, consequently Ind-Barath has…
Inox Green Energy Services said it will acquire a majority stake in an independent wind service provider that operates majorly in South India with a 230+MW fleet, according to the PTI report. The transaction is subject to certain regulatory and other customary closing conditions and is expected to conclude by the end of January 2023,…
ASSA ABLOY has acquired Janam, a provider of handheld mobile computers and readers, based in the US. This acquisition enhances HID’s event access portfolio to now also include handheld readers for scanning tickets using barcode and RFID technology, including NFC, a statement said. “I am very pleased to welcome Janam into the ASSA ABLOY Group.…
Advent International (Advent), a global private equity investors, has entered into a definitive agreement to acquire significant stake in Suven Pharmaceuticals(Suven Pharma or Suven) from the Jasti family, subject to regulatory approvals and conditions. Post the completion of this landmark acquisition, Advent intends to explore the merger of its portfolio company, Cohance Lifesciences (Cohance) with…
Axiscades Technologies Ltd., an end-to-end technology and engineering solutions company, announced that it has completed the acquisition of Mistral Solutions Private Ltd., a leader in Semiconductor, Embedded Electronics, Defence and Product Engineering capabilities. The acquisition, which was initiated in the year 2017, was executed over 4 phases at an aggregate acquisition cost of INR 296…