LKS Advises Toyota on Acquisition of Car Dealership from Ravindu Motors

"Lakshmikumaran & Sridharan Attorneys advised and represented the Toyota group in acquiring the car dealership business of Ravindu Motors Private Limited by way of a business transfer. The dealership will operate as Bharat Toyota, strengthening Toyota's coverage and customer base in Karnataka."

Lakshmikumaran & Sridharan Attorneys advised and represented the Toyota group in its acquisition of the car dealership business from Ravindu Motors Private Limited. The Toyota group acquired the car dealership business from Ravindu Motors Private Limited through a business transfer arrangement. Following the transaction, the dealership now operates under the brand name Bharat Toyota and is positioned to expand Toyota's dealership presence in Karnataka by providing comprehensive market coverage and a strong customer base. Lakshmikumaran & Sridharan Attorneys represented the Toyota group with a team composed by: Srabonee Roy (Partner); Debanik Bid (Principal Associate); Sushmita Sharma (Associate); Mathanki N (Associate); Atrijo Banerjee (Associate) — Corporate and M&A team; Neelambera Sandeepan (Partner); Charms Mathews (Senior Associate) — Competition & Antitrust team. The firm provided end-to-end legal and transactional support, including transaction structuring, drafting and negotiating transaction documents, and deal closing.

LKS Advises Toyota on Acquisition of Car Dealership from Ravindu Motors

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