Slaughter and May is advising TVS Motor Company in connection with its acquisition of Norton Motorcycles

Slaughter and May is advising TVS Motor Company (“TVS Motors”), the global manufacturer of two and three wheeled vehicles, in connection with its acquisition of the iconic British motorcycle brand, Norton. The transaction involved one of TVS Motors’ overseas subsidiaries purchasing certain assets of Norton Motorcycle Holdings Limited and Norton Motorcycles (UK) Limited (both in administration) at a price of £16 million. The acquisition was completed on 17 April 2020.

Slaughter and May’s advice covered the corporate, intellectual property, employment, real estate and tax aspects of the transaction. Slaughter and May worked alongside Khaitan & Co, who advised on the Indian law aspects of the deal.