Closed transaction

Wayne Burt Group divestment

Advised by
Client
Counterparty
Deal stage
Closed transaction
Service
Sell
Sector
Industrials and Manufacturing
Sub-sector
Auto & Components
Contact
fazal@merisis.in

Deal details

Merisis Advisors advised the Wayne Burt Group, an Indian industrial company on its divestment of Hydraulics Cylinder Business to Pennar Industries, a publicly listed Indian industrials group in October 2013 in a domestic M&A transaction. A $2 billion asset based conglomerate comprising of a group of companies of with diversified interests in Engineering & Aerospace, Oil & Gas, Petrochemicals and Energy businesses with a strong presence in India and USA.

Fazal Ahad FirmMerisis Advisors Fazal has a rich experience of 30+ years in Investment Banking and Asset Management in India and overseas. View profile

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