JSA advised Garware Technical Fibres Limited in its strategic acquisition, through its wholly owned UK subsidiary – Garware Technical Fibres UK Private Limited, of 100% equity in Offshore & Trawl Supply AS and Advanced Mooring Supply AS, both incorporated under the laws of Norway. The acquisition marks a significant step in Garware’s global expansion strategy, enhancing its offerings in the aquaculture and mooring solutions space.
Garware Technical Fibres Limited is a global leader in technical textiles, providing innovative, application-focused solutions across Aquaculture, Fisheries, Geosynthetics, Sports, and Industrial sectors.
The transaction was managed by Partner Rinku Ambekar, with key support from Principal Associate Reshma Oak, and Associate Priyanka Ghag, from the firm’s Mergers & Acquisitions practice working in coordination with local Norwegian counsel.