“Pune-based Force Motors today said it has agreed to acquire Pithampur-based manufacturing plant of German commercial vehicle maker MAN Trucks for an undisclosed amount. In a regulatory filing, Force said its board has accepted a proposal from MAN Trucks India to sell and transfer certain assets including immovable and movable properties as also other intangible assets at its plant at Pithampur (Madhya Pradesh),” according to ET.

Cyril Amarchand Mangaldas advised German company MAN Trucks & Bus AG led by a team of partners Smruti Shah, Manita Doshi, Richa Mohanty Rao, Daksha Baxi, Mekhla Anand, Ranjan Negi, Ashish Jain and SR Patnaik.

2018-08-23

Deal value: Confidential

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