Gambit Corporate Finance has advised the Neterwala Group of India on its acquisition of Wrexham aerospace company Tritech Group.
Tritech is a supplier to original equipment manufacturer and tier one aerospace groups.
The acquisition was initiated by Gambit in conjunction with Aarayaa Cross Border Advisers – Gambit’s Indian partner in Corporate Finance International, which is a global network of 13 boutique investment banks.
The Gambit team was led by Geraint Rowe and Simon Marsden.
Gambit partner Mr Rowe, said: “The UK is a significant source of cross-border merger and acquisition transactions for Indian acquirers, who view the UK as an attractive jurisdiction, in terms of language, economic stability, legal system and currency. This transaction outlines the enhanced advisory capability that Gambit can provide its clients by being the exclusive UK member of CFI.
“We are seeing significant levels of cross-border transactions within CFI.”