
Khaitan & Co advised Delachaux S.A. on sale of shares in Frauscher Sensor Technology Group GmbH to Wabtec Corporation
Khaitan & Co advised Delachaux S.A. on the Indian law aspects of the sale of its shares in Frauscher Sensor Technology Group GmbH (Austria) to Wabtec Corporation for an enterprise value of EUR 675 million. Frauscher is a global leader in train detection and axle counting systems.
Baker McKenzie acted as global counsel to Delachaux S.A., while Khaitan & Co provided legal advice specific to Indian law.
The Khaitan & Co team was led by Atul Pandey (Partner) and Arjun Bhagi (Partner), with support from Shivansh Mehta (Senior Associate) and Mehul Mehta (Associate).
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