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News
02 oct 2012
Arietti & Partners is awarded the “M&A Deal of the Month”
Arietti & Partners has been awarded with M&A International Inc.'s "Deal of the Month" for the fifth time, thanks to the seamless cooperation with the Indian colleagues.
Partnership between Tecnikabel and Cable Corporation of India Ltd
Tecnikabel - an Italian leading player in the special cables industry - has signed an strategic joint venture agreement with the Indian cable manufacturer Cable Corporation of India Ltd.
Arietti & Partners and SbiCaps, respectively the Italian and Indian teams of M&A International Inc., have identified the right industrial and commercial partner, advised the Italian client throughout the negotiations all the way through the signature of the joint venture agreement.
The founder and CEO of Tecnikabel, Pier Luigi Garaffi: «Arietti & Partners and their Indian colleagues of SbiCaps played a key role in the successful completion of our project, from the identification of a qualified Indian partner to the negotiation phases and the finalization of the contractual documents. We are now glad to have stipulated such a promising industrial collaboration with an Indian leading player. Initially, the approach to our Indian counterpart resulted somewhat complex - due to different mentality and way of doing business - but thanks to the international experience of our advisors, the relationship has been developed and managed with professionalism leading to the final success. We look forward to undertaking similar projects in other geographical areas with the valuable support of Arietti & Partners».
Davide E. Milano, Director at Arietti & Partners in charge of the project: «We are very pleased because we have made possible a strategic plan of an Italian entrepreneur, an excellence in the cable industry in this country. More often Italian companies call us to find a new industrial or commercial partner and even more frequently in far and complex countries like India, China, Brazil and Russia. We are proud to help Italian companies to make them even more competitive in today global challenging environment. Moreover, we are now in the final phase of the positive conclusion of an important commercial JV between renown Italian and German industrial groups in the HVAC sector».
Arietti & Partners has already been awarded the “Deal of the Month” four other times:
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For further details: www.mergers.net