Economic Laws Practice > Mumbai, India > Firm Profile

Economic Laws Practice
MUMBAI 400 021

India > Dispute resolution: litigation Tier 1

Economic Laws Practice is active in white-collar crime cases, tax litigation and regulatory disputes, as well as handling mediation. Overseen by Naresh Thacker, the Mumbai-based team often handles commercial litigation before the High Courts and Supreme Court for large multinational clients operating across the steel and manufacturing industries. Other notable team members include Rohit Sharma, who handles insolvency disputes, and Alok Jain, who is recommended for disputes in the oil and gas, infrastructure and construction, and energy sectors.

Practice head(s):

Other key lawyers:

Rohit Sharma ; Ashish Prasad; Dinesh Pednekar


‘The lawyers at ELP that I work with combine excellence in black letter law with good awareness and knowledge of the issues that relate to complex litigation, and they are comfortable acting as co-counsel for international clients (they have an Indian and international perspective). This translates to great service, real trust and good value for money for the quality of advice and wider input given on matters. ELP have always delivered.’

‘Naresh Thacker is a smart litigation lawyer and a leading advocate. He focuses on the real issues and has great knowledge of the Indian courts and the approach that needs to be adopted in Indian arbitrations.’

‘Alok Jain is smart, practical and adept at Indian litigation concerning complex construction disputes.’

Key clients

INX Media (P) Ltd

Container Freight Stations Association of India (CFSAI), TG Terminals Pvt. Ltd, Transworld Terminals Pvt. Ltd., Hind Terminals Pvt. Ltd. Seabird Marine Services Pvt. Ltd, Allcargo Logistics ltd. Speedy Multmodes Ltd., National Association for Container Freight Stations (NACFS), Balmer Lawrie, Saurashtra Freight Pvt. Ltd., Kailash Shipping Pvt. Ltd., Ameya Logistics Pvt. Ltd., International Cargo Terminal and Infrastructure Pvt Ltd., Landmark CFS Pvt. Ltd., Ashutosh Container Services Pvt. Ltd., Mundra International Container Terminal Pvt. Ltd.

Hindalco Industries Ltd.

Lex Sportel Vision Private Limited


Ultratech (UTCL)

Work highlights

    India > Tax Tier 1

    Economic Laws Practicehas a fantastic blend of advisory and dispute resolution expertise, and is exceptional in tax’ across the full spectrum of direct and indirect matters. Rohit Jain heads the team alongside Nishant Shah; both offer advice on indirect tax controversies including anti-profiteering disputes and transitioning credits following the implementation of GST. Jain and Kumar Visalakshare able to straddle their advisory and litigation roles with finesse’, while Visalaksh attracts further praise for ‘an approach which is preventive rather than curative’. On the direct tax side, matters range from transfer pricing issues to tax arrangements during corporate transactions, as well as inbound and outbound investment structuring. The firm also leverages its international commerce expertise to assist with customs valuations and foreign trade policy queries. Other significant names include Harsh Shah and Rahul Khurana, who made partner in April 2021.

    Practice head(s):


    ‘ELP is a unique firm which has a fantastic blend of advisory and dispute resolution expertise and is exceptional in tax and commercial matters. Its professionals, even at the associate level, take ownership of the matters they are involved in. Their tax team in particular is very driven and is one of the best in the country.’

    ‘Rohit Jain and Kumar Visalaksh have exceptional knowledge in the subject and are able to straddle their tax advisory and litigation roles with finesse. Kumar Visalaksh is well regarded by clients for his litigation strategy. His ability to anticipate issues sets him apart from many other tax partners whose approach is largely reactionary rather than preventive. Kumar’s approach in running diagnostics to create a mechanism for the early detection of issues is a true value-add for clients. An approach which is preventive rather than curative is what clients love about Kumar.’

    ‘Great grasp of commercial and technical issues in indirect tax and customs-related matters. Easy to work with and available at short notice. Provides end-to-end solutions.’

    ‘Rohit Jain and Harsh Shah stand out for their delivery of service, knowledge of our industry and excellent technical skills.’

    Key clients

    Inox Leisure

    Mondelez India Foods

    Purulia Kharagpur Transmission Company

    Anheuser Busch InBev India

    Bacardi India

    TTK Prestige

    The Great Eastern Shipping Company

    India > WTO/international trade Tier 1

    At Economic Laws Practice, the group has a strong track record of acting on international trade law matters for Fortune 500 clients and global businesses. The team is jointly overseen by managing partner Suhail Nathani and Sanjay Notani, who remains the name to note for litigation concerning trade remedial measures. As a whole, the team has a strong litigation offering, appearing in disputes before the World Trade Organisation and every level of the judiciary, including the Supreme Court; it also represents clients in investigations. On the export and sanctions side, the group advises on compliance procedures and works with regulatory agencies. Ambarish Sathianathan represents clients in anti-dumping and safeguards investigations and has cross-border experience across the Asia Pacific region.

    Practice head(s):


    ‘Practical and commercially minded. Understand the client’s requirements.’

    ‘Sanjay Notani is practical and keeps complicated concepts simple.’

    ‘A very knowledgeable team working on a wide array of trade matters, both outbound and inbound.’

    Sanjay Notani is great at listening to what the client needs and delivering effectively based on those needs. Parthsarathi Jha is very responsive and has notable skills.’

    ‘The trade team at ELP is a full-service team with significant expertise in Indian trade remedy proceedings. They are result-oriented and understand the challenges industries are confronted with.’

    ‘Sanjay Notani and Ambarish Sathianathan are particularly recommended. They both have an excellent understanding of trade law, provide practical solutions for clients and are very responsive.’

    Key clients

    Zeon Corporation

    Tata Chemicals Limited

    Hindustan Unilever Limited

    Arlanxeo Emulsion Rubber France S.A.S.

    Westlake Chemical Corporation

    Qatar Petrochemical Company (QAPCO) Q.P.J.S.C.

    Aramco Chemicals Corporation

    Government of India

    OQ Chemicals Holding GmbH

    Mondi Paper Sales GmbH/Mondi Syktyvkar JSC

    Confederation of European Paper Industries

    Nippon Steel Stainless Steel Corporation

    JFE Steel Corporation

    Outokumpu oy

    EQUATE Group

    Advisory & Compliance (Non-Tariff Barriers, Export Control and Customs related assignments) Octasic Inc

    Baker & McKenzie ( Gaikokuho Joint Enterprise) – Mitsubishi Electric Corporation

    Wipro-GE Healthcare Pvt. Ltd.

    Reed Smith

    VYNOVA Belgium N.V.

    Sahara International Petrochemical Company

    Armand Products Company

    Jiangsu Sanmu Group Co., Ltd

    Muntajat India Private Limited/Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) Q.P.J.S.C.

    Saudi Acrylic Monomer Company Limited ( SAMCO )

    Formosa Plastics Corporation

    Tianjin Dagu Chemical Co., Ltd.

    Sasol Middle East FZCO

    Hanwha Chemical Corporation

    Hindalco Industries Limited

    Technova Imaging Systems (P) Ltd

    Mowry & Grimson, PLLC

    TMI Associates Japan

    Nishimura & Asahi

    SCG Performance Chemicals Co., Ltd.

    Hanwha Chemical Corporation

    Tianjin Dagu Chemical Co.,Ltd.

    Work highlights

      India > Antitrust and competition Tier 2

      The competition practice at Economic Laws Practice is jointly overseen by managing partner Suhail Nathani and Ravisekhar Nair, and has a focus on contentious work for both domestic and multinational clients. The group leverages its litigation experience in abuse of dominance and cartel enforcement cases before the CCI, as well as handling matters concerning anti-competitive agreements. Other core team members include Abhay Joshi, who advises clients in the technology, media, and sports sectors on merger control applications. Google and Ericsson form part of the impressive client roster.

      Other key lawyers:

      Key clients

      Google LLC/Google Ireland Limited/Google India Private Limited

      Google International LLC

      SKF India Limited

      United Breweries Limited

      Telefonaktiebolaget LM Ericsson

      Consortium of M.L. Jalan and Kalrock Capitals Partners Limited

      Worldline India Private Limited

      Geep Industries (India) Private Limited

      India > Banking and finance Tier 2

      With instructions coming from an impressive client roster of traditional banking lenders and NBFCs, Economic Laws Practice's team handles a steady workflow of fund financing in the real estate sector combined with a strong hand in structured products. Practice head Babu Sivaprakasam and Dhrupad Vaghani are key partners for financial restructuring mandates, whereas Yogesh Pirthani is a foreign exchange management expert, thus a main contact for offshore lenders. Borrower-side work is includes high-value project finance negotiations on behalf of prestigious industrial conglomerates.

      Practice head(s):

      Other key lawyers:


      ‘Babu Sivaprakasam, gave our case/matters all the time and attention that was needed to be successful in court. He was/is a calming and confident in the matters. We are treated as a valuable client by ELP. I very much appreciate the knowledge and support I received through ELP.’

      ‘The individual lawyers at Economic Laws Practice are brilliant, hard working and dedicated true professionals. Truly the best I have worked with.’

      Key clients


      Whispering Heights Real Estate Private Limited

      ARKA Fincap Limited; SBM Bank (India) Limited


      ARKA Fincap Limited

      Gera Developments Private Limited

      Bank of Baroda

      Polycab India Limited

      IndusInd Bank Limited

      Puravankara Limited

      Provident Housing Limited

      Puravanka Investment

      IDBI Trusteeship Services Limited

      IndusInd Bank Limited

      Shreyas Shipping and Logistics Limited

      IndusInd Bank Limited

      Himatsingka Infrastructure Private Limited

      IDBI Trusteeship Services Limited

      Avendus Finance Private Limited

      Space Matrix Design Consultants

      Vistra (ITCL) India Limited

      IndusInd Bank Limited

      ESR Pune Industrial Park Private Limited

      IDBI Trusteeship Services Limited

      Work highlights

      • Advised DBS Bank India as lender of INR 6.5bn construction finance to Whispering Heights Real Estate for a large commercial office project.
      • Advised lenders ARKA Fincap and SBM Bank on numerous construction finance transactions with Signature Global and Sternal Buildcon.
      • Advised Bank of Baroda on a working capital loan of INR 5.05bn to Polycab India.

      India > Dispute resolution: arbitration Tier 2

      Praised for its ‘great service‘ and ‘good value for moneyEconomic Laws Practice‘s dispute resolution group has a breadth of experience acting for both Indian and foreign companies in a range of domestic and international commercial arbitrations. Based in Mumbai, the ‘smartNaresh Thacker (who is well-versed in large infrastructure project and post-M&A disputes) leads the team which includes the ‘up-and-coming‘ associate partner Alok Jain.

      Practice head(s):

      Naresh Thacker

      Other key lawyers:

      Alok Jain; Abhileen Chaturvedi


      ‘Naresh Thacker is a go-to guy. Dinesh Pednekar is cool, calm and rigorous.’

      ‘The lawyers at ELP that I work with combine excellence in black letter law, as well as a good awareness of and knowledge in the issues that relate to complex arbitration matters, and they are comfortable working as co-counsel for international clients (they have an Indian and international perspective). This translates to great service, real trust and good value for money for the quality of advice and wider input given on matters.’

      ‘Naresh Thacker – Naresh is a smart litigation lawyer and a leading advocate. He focuses on the real issues and has great knowledge of the Indian courts and the approach that needs to be adopted in Indian arbitrations. Alok Jain – Alok is an up-and-coming senior litigation lawyer who is again, smart, practical and adept at Indian litigation and arbitration of complex construction disputes.’

      Key clients

      INX Media (P) Ltd

      Container Freight Stations Association of India (CFSAI), TG Terminals Pvt. Ltd, Transworld Terminals Pvt. Ltd., Hind Terminals Pvt. Ltd. Seabird Marine Services Pvt. Ltd, Allcargo Logistics ltd. Speedy Multmodes Ltd., National Association for Container Freight Stations (NACFS), Balmer Lawrie, Saurashtra Freight Pvt. Ltd., Kailash Shipping Pvt. Ltd., Ameya Logistics Pvt. Ltd., International Cargo Terminal and Infrastructure Pvt Ltd., Landmark CFS Pvt. Ltd., Ashutosh Container Services Pvt. Ltd., Mundra International Container Terminal Pvt. Ltd.

      Hindalco Industries Ltd.

      Lex Sportel Vision Private Limited

      Ultratech (UTCL)

      India > Projects and energy Tier 2

      Traditional and solar energy are growing sectors of focus at Economic Laws Practice. Helmed by Sujjain Talwar, the team advises a client roster of power generators on sale and purchase agreements. Aakanksha Joshi handles corporate mandates in the infrastructure sector, including investment structuring and buyer-side private equity acquisitions. The team has notable PPP expertise, having recently advised on joint bids in the shipping sector, as well as solid experience advising on major hospitality projects.

      Practice head(s):

      Other key lawyers:

      Key clients

      INKEL Limited

      India > Restructuring and insolvency Tier 3

      Comprising seasoned litigators and banking and finance experts, Economic Laws Practice‘s restructuring and insolvency offering takes on out-of-court resolutions and corporate insolvency proceedings under IBC rules. Clients of joint heads Sujjain Talwar , Naresh Thacker and Babu Sivaprakasam include financial investors, resolution applicants and creditors. Funds clients instruct the team on shareholder disputes arising from restructuring schemes.

      Practice head(s):

      Other key lawyers:

      Key clients

      Resolution Professional of Videocon Group Companies

      Diamond Forever International

      Catholic Syrian Bank (CSB)

      Resolution Professional of Ind Barath Thermal Power Limited

      Liquidator of Sunil Hitech Engineers Limited

      Liquidator of Tag Offshore Limited

      Resolution Professional of KAIL Limited

      Sify Technologies Limited (Sify)

      State Bank of India, Chennai Branch

      Tata Realty and Infrastructure Limited

      IDBI Capital Markets & Securities Limited

      NSR Advisors & others

      Resolution Professional of Topworth Steels & Power Private Limited

      Work highlights

      • Assisted Diamond Forever International with preparing a resolution plan.
      • Acted as the legal counsel TO CSB, which was one of the members of the committee of creditors of a real estate developer.
      • Acting as the legal counsel to the Resolution Professional of Reliance Naval and Engineering Limited.

      India > Corporate and M&A Tier 4

      Leveraged by a strong SEBI practice, Economic Laws Practice is gaining traction in the Gujarat-based IFC, driven by instructions from international funds houses. Co-head Sujjain Talwar attracts M&A work in the hospitality, infrastructure and related sectors, whereas fellow co-head Suhail Nathani leads on inbound acquisitions and joint ventures for US and APAC clients operating in sectors including real estate, chemicals and pharmaceuticals.

      Practice head(s):

      Key clients

      Polycab Limited

      Precious Trading & Investments Limited and Sheth Developers Private Limited

      Steelmint Info Services LLP

      Prozone Group

      Bharat Rasayan Limited

      Invest India


      Centrum Housing Finance Limited (CHFL), subsidiary of Centrum Capital Limited

      Work highlights

      • Advised Transworld Group on the transfer of Shreyas Shipping and Logistics Limited’s containerised domestic coastal and Exim feeder shipping business to Unifeeder through Transworld Feeders Private Limited.
      • Advising Centrum Housing Finance Limited on the acquisition of entire 64.40% stake in Cent Bank Home Finance, held by Central Bank of India.
      • Advised on the sale and transfer of 50% of the shareholding held by Prozone Liberty International Limited in a special purpose vehicle entity known as ‘Emerald Buildhome Private Limited’ based out of Jaipur, Rajasthan, to Indian purchasers, thereby exiting Emerald.

      India > Private equity and investment funds Tier 4

      Economic Laws Practice‘s private equity and venture capital group is led by Suhail Nathani and Sujjain Talwar, whose clients include investors targeting the packaging, infrastructure and hospitality sectors. The team’s expertise encompasses investment structuring and portfolio acquisitions. Previously recommended partners Darshan Upadhyay and Tushar Ajinkya departed for Stratage Law and a corporate boutique ThinkLaw, respectively.

      Practice head(s):

      Key clients

      Samara Capital (Samara)

      Powerica Limited

      Samara Capital

      Sahajanand Medical Technologies Private Limited (SMT India)

      Eduauraa Technologies Private


      Ms. Shital Chaturvedi

      Work highlights

      • Advixed JM Financial India Trust II on a minority stake acquisition of Canpac Trends Private Limited.
      • Advised Eduauraa Technologies Private Limited on the infusion of capital of more than INR 5 crores into Beginnen Media Private Limited.

      India > Real estate and construction Tier 4

      Economic Laws Practice is regularly instructed by financial lenders and investors on title due diligence matters. Practice head Babu Sivaprakasam, who also heads the banking and finance practice,handles real estate financing transactions. The wider team also advises on acquisitions and joint development agreements concerning residential, commercial and industrial assets.

      Practice head(s):

      Other key lawyers:

      Key clients

      IndusInd Bank Limited

      Work highlights

      • Advised IndusInd Bank Limited on due diligence of ESR Pune Estates Private Limited.
      • Advised IndusInd Bank Limited on due diligence of lands owned by Khemani Distilleries Private Limited and Royal Distillery Private Limited.

      The firm: Economic Laws Practice (ELP) is a leading full-service Indian law firm established in 2001 by eminent lawyers from diverse fields. ELP brings to the table a unique combination of professionals which constitutes of lawyers, chartered accountants, cost accountants, economists and company secretaries, enabling the firm to offer services with seamless cross-practice experience and top-of-the-line expertise to its clients.

      With offices in Mumbai, New Delhi, Pune, Ahmedabad, Bangalore and Chennai, ELP has a team of over 180 qualified professionals with professional acumen in diverse practice areas. The firm works closely with leading global law firms in the UK, USA, Middle East and Asia Pacific region, giving it the ability to provide a pan-India and global service offering to its clients.

      ELP is committed to develop and nurture long-term relationships with its clients by providing the most optimal solutions in a practical, qualitative and cost-efficient manner. The firm offers its clients:

      Personalised attention: ELP offers clients a high level of partner involvement, personalised attention, and business and sector-specific solutions. It ensures that each mandate gets the personalised attention and time of individual partners and a dedicated team of professionals with the right mix of experience and expertise.

      Practical, implementable and enforceable advice: ELP’s professionals have typically appeared in various tribunals, fora and courts as a part of their development at the firm. Armed with this litigation experience, its lawyers are better positioned to understand the complexities of a mandate and the eventual consequences of the documents that anchor the matter or deal.

      Access to experts: as the majority of ELP’s lawyers hold dual qualifications as lawyers and company secretaries/chartered accountants/economists or hold multi-jurisdictional qualifications, clients benefit from advice which is efficient, comprehensive, practical and business-oriented. The firm’s professionals work seamlessly across practices and provide advice with the objective of minimising the risk of unanticipated exposures and helping clients to maximise outcomes.

      Geographic reach: with offices in six different cities in the country and close working relationships with leading global law firms in the UK, USA, the Middle East and Asia Pacific region, the firm is able to assist clients with their domestic as well as cross-border legal requirements.

      Areas of practice: ELP has a unique positioning among law firms in India from the perspective of offering comprehensive services across the entire spectrum of transactional, advisory, litigation, regulatory and tax matters.

      The firm’s areas of expertise include banking and finance; competition law and policy; corporate and commercial; hospitality; infrastructure; international trade and customs; litigation and dispute resolution; private equity and venture capital; securities laws and capital markets; tax; and telecommunications, media and technology. It is a dynamic firm that continues to reinvent itself by identifying and harnessing market trends to establish a high level of expertise in some of India’s current key market sectors.

      Some of the firm’s notable achievements include: ranked among the top ten firms in the country with the highest client satisfaction score at 9/10, and also recognised as the fastest growing law firm in India in RSG Report 2015; winner of Law Firm of the Year for Competition and Antitrust; Dispute Resolution; Policy and Regulation; and Taxation in Indian Business Law Journal‘s Indian Law Firm Awards 2015; recognised as one of the world’s top specialist arbitration firms by Global Arbitration Review‘s GAR100 2016 and 2017; winner of Export Controls/Sanctions Law Firm of the Year (Rest of the World) Award in the WorldECR Awards 2016; recognised as an Outstanding Firm for Tax by Asialaw Profiles 2016 and 2017; winner of Competition and Antitrust Law Firm of the Year Award in the LegalEra Awards 2015-16; recognised as a top tier firm for dispute resolution; projects and energy; tax; and WTO/international trade by The Legal 500 Asia-Pacific 2016 and 2017; highly recommended for banking; capital markets; M&A; private equity; and project finance by IFLR1000 Financial & Corporate Guide 2016 and 2017.

      Banking and finance
      Competition law and policy
      Corporate and commercial
      International trade and customs
      Litigation, arbitration and dispute resolution
      Policy and regulation
      Private equity and venture capital
      Projects, infrastructure and energy
      Real estate and construction
      Securities laws and capital markets
      Tax (including direct tax, indirect tax, transfer pricing and GST)
      Technology, media and telecommunications (TMT)
      Number of partners and associate partners : 33
      Number of other professionals : 150
      majority of the regional Indian languages

      Economic Laws Practice (ELP) advises Anglo French Drugs & Industries Limited (AFDIL)

      Economic Laws Practice (ELP) advised Anglo French Drugs & Industries Limited (AFDIL),  AFD Laboratories Private Limited and Mr. Abhay Kanoria (“Sellers”) on the sale of a portfolio of brands owned by them to Lupin Limited.

      ELP advises 100Percent Nourishment Private Limited

      ELP advised 100Percent Nourishment Private Limited and, a startup that owns D2C brand WickedGüd, and its promoter-founder Bhuman Dani, in its capital raising of USD 1 Million from marquee investors including NB Ventures, Mumbai Angels Network, Dholakia Ventures, Jalaj Dani Family Office, Ashutosh Valani & Priyank Shah (Founders – Renee Cosmetics, ex-Beardo), Ravi Shroff (MD – Excel Industries Ltd), Ravi Nigam (ex-MD – Tasty Bite), Ashwini Deshpande (Co-founder – Elephant Design), Jorge Fernandez Vidal (Investment Director – Liechtenstein Group) and Akshay Gurnani (CEO – Schbang) and others.

      Economic Laws Practice adds a new real estate partner

      Economic Laws & Practice (ELP) has strengthened its real estate practice with the recent hire of real estate law veteran Heena Chheda from Hariani & Co. Heena who joins us with her team of three - Bharat Jain, Aviral Jain, and Yash Modi, brings to the table over two decades of extensive experience in matters of real estate and related litigation on a pan-India basis.With an in-depth understanding of real estate laws, land laws, revenue code, rent law, stamp duty, registration, commercial laws, law of contract, and personal laws (such as testamentary, trust and succession), Heena has advised various clients including corporates, landowners, developers, housing societies/tenants’ association, banks/financial institutions, educational institutions, lenders, real estate fund and HNI’s.Heena has also been involved in pre-litigation strategy, assisted, and handled civil and commercial litigations and has been actively involved in settlement of contentious litigations. Her expertise also extends to advising clients before the Real Estate Regulatory Authority (RERA) and RERA appellate tribunal.The team handles matters relating to acquisition of land, due diligence, development of commercial and residential properties, sale and purchase of commercial and residential premises, leases, leave and license, joint ventures and joint developments, slum rehabilitation projects, redevelopment of housing societies, acquisitions of properties in special economic zones, acquisition of land belonging to CIDCO/MHADA/MIDC, drafting testamentary documents, family settlements and business transfer agreements.“We are delighted to welcome Heena and the entire team to the firm. ELP serves several clients in the real estate space and the integration of this team will broaden the offerings and enhance the bench strength of the practice. It has been the continuous endeavour of the firm since it was established 20 years ago to attract and integrate top class talent. ELP has always been diligently focused on the client’s need for clear, practical and high-quality legal advice and we are pleased that this new team brings the same ethos to ELP."- Suhail Nathani, Managing Partner, Economic Laws Practice

      Economic Laws Practice (ELP) advises Waterfield Technologies on recently acquired Speech-Soft Solutions LLC,

      Waterfield Technologies (a US headquartered entity), a contact center solutions firm,  recently acquired Speech-Soft Solutions LLC,  to further expand its global delivery capabilities. Economic Laws Practice (ELP) advised Waterfield Technologies on the India leg of the transaction, which comprised a sale of shares of the Indian subsidiary of Speech Soft Solutions LLC to WTI Innovation LLC.  ELP’s corporate team was led by Yashojit Mitra (Partner -Corporate Commercial) and Devyani Singh (Director -Corporate Commercial) and the tax team was led by Mitesh Jain (Partner -Direct Tax) and Vivek Baj (Partner - Indirect Tax). 

      Bharat Forge to acquire JS Autocast

      “ELP advised Bharat Forge Limited  (BFL) on its acquisition of JS Auto Cast Foundry India Private Limited ("JS Auto"), a Coimbatore based casting and machining Company through its wholly-owned subsidiary - BF Industrial Solutions Limited ("BFISL") for an undisclosed amount. Closure of the deal is subject to completion of mutually agreed condition precedents as part of the transaction document.

      r-pac International partners with American Securities

      r-pac International (“r-pac International”), a leading global provider of branded packaging, trims, sensor technologies & supply chain solutions and American Securities LLC, a leading U.S. private equity firm, announced a strategic partnership that includes an investment from affiliates of American Securities to support the continued growth and global expansion of r-pac International.