The BDO M&A team in Germany and India provided comprehensive buy-side support and advice to Schüco International KG (one of the leading companies in building envelopes worldwide, with global expertise in windows, doors and façades) on its acquisition of a majority stake in Alufit.
The consequent JV with Alufit International Private Limited will accelerate Schüco's focus on pursuing large commercial and infrastructure projects in India and brings together one of the world's leading aluminium systems specialists in Schüco and India's largest aluminium façade fabricator.
The integrated BDO team acted seamlessly to manage a complex cross-border transaction working closely with the wider Schüco transaction team in Germany and India and Alufit & its advisers in India. The project was run almost virtually during the corona pandemic, demonstrating the strength of BDO's global corporate finance platform.