August 02, 2012

Gornitzky represents Triveni, an India-based publicly traded industrial group, in a strategic investment.

Triveni Engineering & Industries, a publicly traded industrial group based in India, with a fast growing water division focused on high-end technology projects, was represented by Gornitzky & Co. in their strategic investment in Aqwise, an Israeli water and wastewater treatment solutions company.

The agreement between the investor and the company calls for commercial cooperation between the two, and included two share purchases – a primary issuance from Aqwise to Triveni, as well as a secondary purchase of a portion of shares from existing shareholders.

The representation was led by Mr. Chaim Friedland (Partner), Mr. Yisrael Spero and Mr. Ariel Davis.


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