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 Rinku Ambekar, Partner at JSA, with key support from Reshma Oak, Principal Associate, and Priyanka Ghag, Associate, from the firm’s Mergers & Acquisitions practice working in coordination with local Norwegian counsel.
Rinku has a diverse corporate practice focused on cross-border M&A representing clients in the United States, Europe, Singapore, Malaysia, Japan, Australia, United Kingdom and her experience extends to takeovers, buyouts, private equity transactions, creation of joint ventures, strategic alliances, stock acquisitions, business acquisitions, asset acquisitions, restructurings, corporate governance, commercial and corporate agreements.