Ruia Group acquires Gumasol Werke
July 2010. Ruia Group, a dynamic and fast-growing conglomerate based in India, acquires GUMASOL-Werke Dr. Mayer GmbH & Co. KG, (Gumasol), a well established manufacturer of solid rubber tyres, rubber compounds and rubbermetal joints. The corporate finance practice of Acxit Capital Management – now ACXIT Capital Partners – acted as strategic and financial advisor for Ruia Group.
About ACXIT Capital Partners
ACXIT Capital Partners is a leading international corporate finance and investment advisory firm for mid-market clients and entrepreneurs in Europe and beyond. Since 1998, we offer our clients comprehensive corporate finance advisory services including M&A and capital markets advisory as well as restructuring, debt and strategic advisory. As an independent, privately owned firm we maintain offices in Frankfurt, Berlin, Munich, Zurich, Vienna and Hong Kong as well as strong alliances in China, India and the USA.
To date, we have completed more than 350 transactions with a total deal/financing volume of approx. EUR 17bn. Our clients are corporations, family-owned businesses, entrepreneurs, financial sponsors and family offices. While our home market is in the German speaking region, most clients are international and transactions cross-border. (www.acxit.com)
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Dr. Ingmar Ackermann, Managing Partner
E-mail: Ackermann@acxit.com