CMS INDUSLAW advised AB Wibe Group, a Sweden-based global leader in cable management solutions and part of the Storskogen Group, on its proposed acquisition of Pushpak fabricators, manufacturer of steel cable trays, ladders and accessories.

This acquisition structured as a sale of business as a going concern on a slump sale basis for a lump sum consideration.

The acquisition will mark a significant step in Wibe Group’s strategy to expand its footprint in the fastgrowing Energy & Infrastructure sectors across India, the Middle East and Southeast Asia.

The CMS INDUSLAW team comprised Partner Minhaz Lokhandwala, Senior Associate Martin Mathews and Associates Roshni Mulchandani, Tarun Pydah, and Anushka Singh advised on the transaction.