Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 11-02-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | TUV Rheinland Group Acquisition of NIFE | Industry: | Support Services |
| Description: |
DLA Piper advised a subsidary of TUV Rheinland Group on the acquisition of NIFE, the Indian market leader in technical vocational training. The seller is company founder and sole proprietor Maliakal Varkey Thomas.
NIFE, founded in 1992, is the leading Indian institute for technical vocational training. Its 75 training centres distributed throughout the subcontinent offer diploma courses in the areas of fire and safety, lift technology and fibre optics.
This strategic investment allows the TUV Rheinland Group to expand its portfolio while further strengthening the company and its position in the growing Indian market.
DLA Piper's core team comprised lead partner Dr Benjamin Parameswaran and associate Sebastian Decker (both Corporate, Hamburg).
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| Financial Center: | Hamburg | Value: | 0.00-0.00 |
| Advised Party: | Acquiror | Law Firm | DLA Piper |
| Target Company Jurisdiction: | India | Acquiror Jurisdiction: | Germany |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Benjamin Parameswaran |
