Trilegal advised Valeo S.E. on Tata AutoComp–Ichikoh Joint Venture for Acquisition of Valeo Lighting Systems Business in India
The leading law firm Trilegal acted as legal counsel to Valeo S.E. in connection with the establishment of a 50:50 joint venture between Tata AutoComp Systems Limited and Ichikoh Industries (a company 61.2% owned by Valeo S.E.) for the proposed acquisition of the Valeo Lighting Systems (VLS) business in India from Valeo India Private Limited, subject to applicable regulatory approvals.
Trilegal’s mandate included reviewing the joint venture agreement, advising Valeo S.E. during the negotiation process, and assisting in the ongoing sale of the VLS business to the newly incorporated joint venture entity. The firm is also drafting the business transfer agreement and all required transaction documents, while undertaking the merger control assessment for the overall transaction.
This cross-practice engagement was led by Delano Furtado (Partner), from the Corporate Team, with support from Saumya Kakar (Counsel), and Pranika Correa, Anoushka Gahilot, and Punit Sanwal (Associates).
The Competition Law aspects were advised on by Gauri Chhabra (Partner), with assistance from Eesha Seth (Senior Associate), and Shobhit Shukla (Associate).
Taxation advice was led by Komal Dani (Partner), supported by Deepanshu Jhanwar (Senior Associate).
The Intellectual Property workstream was managed by Kirti Balasubramanian (Partner), with support from Rimjhim Mishra and Paarth Samdani (Associates).
This strategic and complex transaction showcases Trilegal’s multidisciplinary capabilities across corporate, tax, IP, and competition law, reflecting its depth in handling high-value joint ventures and sector-specific acquisitions.
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