Phoenix Legal and Khaitan & Co advised on the DCM Shriram–Teknor Apex B.V. joint venture which took place following the sale of DCM Shriram’s stake in Shriram PolyTech.
DCM Shriram Limited has entered into a joint venture with Teknor Apex B.V., a subsidiary of Teknor Apex Company, through the sale of a 50% stake in its subsidiary, Shriram PolyTech Limited.
The transaction marks a strategic collaboration in the advanced polymer compounds space, combining Shriram PolyTech’s domestic manufacturing capabilities with Teknor Apex’s global formulation expertise. The joint venture aims to deliver high-performance, specialty polymer solutions for a wide range of industrial applications.
Phoenix Legal advised DCM Shriram Limited on the joint venture and stake sale transaction.
The team comprised Co-Founding Partner Abhishek Saxena, Partner Pranav Srivastava, Senior Associates Radhika Khanna and Ramit Chowla, and Associates Anwita Bhattacharyya and Unnati Sinha.
Khaitan & Co advised Teknor Apex B.V. on the transaction.
The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at chanchal.makhija@thegreymatter.co.in mentioning your firm’s name, lawyers involved (including designation) and client represented.
