Desai & Diwanji advised Warburg Pincus and Sundyne on the India related aspects of the acquisition by Honeywell of Sundyne for USD 2.16 billion.
Sundyne, headquartered in Colorado, USA is a leader in the design, manufacturing, and aftermarket support of highly engineered pumps and gas compressors used in process industries including petrochemicals, liquefied natural gas (LNG), hydrocarbon, power generation, renewable fuels, hydrogen and manufacturing.
The deal team consisted of Senior Partner Joebin Devassy, Associate Partner Neha Agarwal and Associate Adrito Dutta.