Competition Commission of India has approved acquisition by ChrysCapital Fund X, Two Infinity Partners and Blue wave Investments Limited, collectively, of certain equity share capital in Nash Industries (I) Private Limited

The proposed combination pertains to the acquisition by ChrysCapital Fund X, Two Infinity Partners and Blue wave Investments Limited (collectively, the ‘Acquirers’), collectively, of certain equity share capital of Nash Industries (I) Private Limited (Target).

The Acquirers are private equity investors, belonging to the ChrysCapital Group, which make investments in different sectors.

The Target is engaged in the business of box build solutions and metal stamping. This includes designing, manufacturing, assembling and supplying metal, electrical and/or electronic components, sub-components and sub-assemblies, for customers across automotive, banking hardware, electrical and power protection, data centres, defense and aerospace, alternate energy, IT and AI related hardware, healthcare products and gaming industries.

Detailed order of the Commission will follow.

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NB/ONP

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