India:
HIL Limited | Parador Holdings GmbH
11 September 2018
Khaitan & Co LLP
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Khaitan & Co advised HIL Limited in relation to acquisition
of the entire shareholding of Parador Holdings GmbH from its
existing shareholders NORD Holding, Deutsche Mittelstandsholding,
Lubert Winnecken and Hendrik Voß for EUR 72.3 million.
HIL Limited formerly known as Hyderabad Industries Limited is a
flagship group company of CK Birla Group. HIL is a pioneer of green
building materials, producing durable roofing solutions, panels,
walling blocks, plywood substitutes, high quality pipes and
fittings, and industrial insulation. The core transaction team
comprised of Haigreve Khaitan (Partner), Niren Patel (Partner),
Minhaz Lokhandwala (Principal Associate) and Yashashree Mahajan
(Associate) with support from the following practice areas:
Direct Tax: Bijal Ajinkya (Partner), Ritu Shaktawat (Associate
Partner) and Sneh Shah (Associate)
Enforcement related aspects: Peshwan Jehangir (Partner) and
Ayush Agarwala (Senior Associate)
The content of this document do not necessarily reflect the
views/position of Khaitan & Co but remain solely those of the
author(s). For any further queries or follow up please contact
Khaitan & Co at legalalerts@khaitanco.com
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