Link, Chaddha & Co act on $6.3m Kobe Steel buyout of L&T steel JV

Kobe Steel has fully taken over L&T Kobelco Machinery (LTKM), which designs and manufactures machinery for producing car and construction equipment tires, including rubber mixers and twin screw roller head extruders.

— Tiretechnologyinternational

Link Legal India Law Services advised Larsen & Toubro Limited led by a team of partner Manish Gupta; principal associate Vinu Peter Immanuel and senior associate Ashish Ahluwalia.

Chaddha & Co represented the acquirer Kobe Steel Limited, led by partner Neeraj Prakash, associate Syed Yusuf Hasan; partners Ashish Gupta and Savita Sarna also worked on some aspects of the deal.

Deal value: Rs 43.5 crore

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