JSA Advocates & Solicitors (JSA) advised Salzgitter AG Group on the Indian law aspects in connection with the sale of DESMA Elastomertechnik, a leading manufacturer of innovative injection moulding machines for rubber and silicone products, toNAME & MAWI Partners S.A.S. (NMP), a German-French industrial group.
Salzgitter AG, which is listed on the MDAX, is one of Europe’s leading steel and technology companies with external sales of EUR 9 billion and more than 24,000 employees in financial year 2025. The Group has an annual capacity of around 7 million tonnes of crude steel and comprises more than 130 subsidiaries and associated companies.
NMP is a German-French industrial group headquartered in Weil der Stadt near Stuttgart and in Strasbourg, France. NMP comprises ten companies with around 500 employees.
Wendelstein provided comprehensive advice to Salzgitter on the transaction. Wendelstein team included Partner Dr. Daniel Müller-Etienne (lead, M&A/Corporate and Tax), Partner Vanessa Trixi David (M&A/Corporate), Senior Associate, Kevin Siebert and Associate Nils Sörensen (all M&A/Corporate).
The JSA team was led by Vikram Raghani, Partner, and included Yashvi Singh, Partner, Manoj Mohapatra, Senior Associate, Pranjal Shorey, Associate and Niki Shah, Senior Company Secretary.
The Taxation comprised Kumarmanglam Vijay, Partner and Head of Practice, Direct Tax; Surajkumar Shetty, Partner and Maitri Gala, Associate
The Real estate team comprised Bharat Bhushan Sharma, Partner, and Kajal Kashyap, Senior Associate.
Bharat Bhushan Sharma is a Partner at JSA with over 18 years of experience in real estate and corporate advisory matters. He advises leading domestic and international clients on land acquisitions, title due diligence, leasing, township development, infrastructure projects, and complex real estate transactions across India. Bharat also played a key role in advising the Government of India on the formulation of the Real Estate (Regulation and Development) Act, 2016 (RERA).