Khaitan & Co advised HLE Glascoat Limited on the deal.
HLE Glascoat Limited executed definitive agreements to acquire the global business of Thaletec GmbH, Germany as well as its subsidiary Thaletec USA Inc., as a part of its strategy to cement its position further in the global markets with innovative technology.
HLE Glascoat Limited is a leading manufacturer of process equipment for the chemical and pharmaceutical industries and has established itself as a market leader in Filtration and Drying Equipment and Glass Lined Equipment.
Thaletec GmBH is engaged in the business of manufacturing specialized process equipment/ reactors sophisticated customized and innovative technical solutions with glass lining and has its manufacturing facility in Germany.
The Khaitan & Co team was led by Partner Sameer Sah (Picture), Aman Anand (Senior Associate), Sayani Bhattacharyya (Associate).
Law Firms: Khaitan & Co.;
Clients: HLE Glascoat Limited ;