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04 May 2026

ADM Joinflex India (ADM Group) acquires Bangkok-based C.C.S. Advance Tech — Veritas Legal and Mediums advise

"ADM Joinflex India (part of ADM Group) has acquired a controlling stake in Bangkok-based C.C.S. Advance Tech Company (CCSA) in a cross‑border deal that transfers management control and marks ADM Group’s entry into the Thai machinery manufacturing market. Veritas Legal advised and assisted ADM Joinflex on the transaction, providing due diligence, drafting, negotiation and closing support (led strategically by Founding Partner Abhijit Joshi; deal team included Manav Raheja, Jhinook Roy and Nainaaz Irani). Thailand firm Mediums advised CCSA and its majority shareholders (deal led by Peerasanti Somritutai and Chavisa Jinanarong). ADM Joinflex makes tubular components for automotive and industrial sectors; CCSA is a vertically integrated manufacturer offering CNC machining, metal stamping, plastic molding, mold/die and jig/fixture production."

Veritas Legal advised ADM Joinflex India Private Limited (ADM Group) on the transaction, while Thailand-based firm Mediums advised C.C.S. Advance Tech Company Limited (CCSA) and its majority shareholders. The deal involved ADM Joinflex acquiring a controlling stake in Bangkok-based CCSA in a cross‑border transaction that resulted in a transfer of management control and marks ADM Group’s entry into the Thai machinery manufacturing market. ADM Joinflex is a designer and manufacturer of tubular components; CCSA is a vertically integrated “one‑stop” manufacturer offering CNC turning/machining, metal stamping, plastic molding, mold/die design and manufacturing, jigs/fixtures production and precision equipment parts manufacturing. Lawyers who participated: - Veritas Legal: Abhijit Joshi (Founding and Managing Partner — provided strategic inputs and overall guidance); Manav Raheja (Senior Partner, Corporate); Jhinook Roy (Partner, Banking & Finance); Nainaaz Irani (Partner, Real Estate); Kapeesh Grover (Senior Associate); Akriti Gupta (Senior Associate); Associates Aryan Mehta, Ishan Mhapsekar and Sumanyu Mohanty. - Mediums: Peerasanti Somritutai (Partner); Chavisa Jinanarong (Senior Associate); Associates Chayakorn Boonsri and Sunantha Thungla.
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