Lakshmikumaran and Sridharan (LKS) played a pivotal role in facilitating the Indian segment of a significant global acquisition for Regal Rexnord Corporation. This transaction involved the acquisition of Regal Rexnord’s industrial electric motors and generators division by WEG S.A., spanning several key jurisdictions, including India, the USA, Brazil, Australia, New Zealand, Switzerland, and the Netherlands.
In India, Regal Rexnord divested its entire stake in Marathon Electric Motors (India) Limited to WEG Holding B.V., a WEG S.A. entity. LKS’s comprehensive involvement included conducting due diligence on the Indian entity, drafting and finalizing transaction documents, advising on direct tax implications, managing internal reorganization, and ensuring a smooth closure of the deal.
Regal Rexnord Corporation is renowned for its global manufacturing prowess in industrial electric motors and generators. Meanwhile, WEG S.A. is a leading player in electric engineering and automation technology.
The core LKS team comprised Partners Gaurav Dayal and Sushrut Biswal, along with Principal Associates Rohan Verma and Suhaas Arora. They were supported by Senior Associate Apurva Jain and Associates Yashraj Chauhan, Daksh Hemnani, Nehal Kharyal, and Aditya Shekhar in conducting the vendor due diligence and closing matters. Paritosh Chauhan, Associate Partner, provided counsel on employment law, while Executive Partner S. Vasudevan and Principal Associate Harshit Khurana advised on direct tax issues related to the transaction.
About Lakshmikumaran & Sridharan
LKS is a premier full-service Indian law firm specializing in corporate, M&A/PE, dispute resolution, taxation, and intellectual property. With 14 offices across India, LKS has a rich history of over 30,000 litigation cases and has advised over 15,500 clients, ranging from start-ups to multinational corporations. The firm’s value-based, client-focused approach combines legal expertise with industry knowledge to deliver bespoke solutions across various sectors, including healthcare, IT, real estate, and more.
