Khaitan & Co Advised American Industrial Partners on Sale of MolyCop Group to Tega Industries
The leading Indian law firm, Khaitan & Co advised funds managed by American Industrial Partners in connection with their entry into definitive agreements for the sale of MolyCop Group to Tega Industries, in partnership with funds managed by Apollo Global Management, at an enterprise value of approximately USD 1.45 billion.
MolyCop is a leading global supplier of grinding media for the mining industry.
The firm advised and assisted the seller on structuring the transaction and finalisation of definitive documentation.
The Khaitan & Co core team comprised Ashwin Bishnoi (Partner), Amanee Kadakia (Senior Associate), and Pranshu Gupta (Associate).
The Khaitan & Co securities law aspects were handled by Sudhir Bassi (Executive Director), Abhishek Dadoo (Partner), Gaurang Mansinghka (Senior Associate), and others.
The Khaitan & Co tax aspects were led by Rahul Jain (Partner) with support from Jinisha Jain (Senior Associate).
The Khaitan & Co anti-trust law aspects were advised by Pranjal Prateek (Partner).
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