Ravicab Cables Private Limited agreed to acquire Leoni Cable Solutions (India) Private Limited from LEONI AG (XTRA:LEO) on September 13, 2022. Leoni Cable Solutions had a turnover of €24.5 million in 2021. Darshika Kothari, Divya Mundra and Vasudha Asher of AZB & Partners acted as legal advisors to Leoni AG in this transaction.

Ravicab Cables Private Limited acquired Leoni Cable Solutions (India) Private Limited from LEONI AG (XTRA:LEO) on October 5, 2022.