Startup Legal advised Dhruva Automation and Controls Private Limited in relation to its 100% acquisition by Industriewerk Schaeffler INA-Ingenieurdienst GmbH, a subsidiary of Schaeffler AG, Germany.

With the acquisition of Dhruva, Schaeffler is expanding its portfolio to include a profitable specialist in intelligent industrial automation and gaining access to the Indian market and other customers across Asia. This step underscores Schaeffler’s commitment to digitalization in operations and strengthens their innovative capacity in automation, enabling them to respond to the challenges of digital disruption.

The transaction was led by Mr. Ravi Bhardwaj and Mr. Manas Kale and was assisted by Ms. Avni Jain and Ms. Siddhi Kaswa