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Firm Matters

American Industrial Partners - Sale of MolyCop Group to Tega Industries

  • 19-Feb-2026

Khaitan & Co advised funds managed by American Industrial Partners in connection with their entry into definitive documents for the sale of MolyCop Group to Tega Industries in partnership with funds managed by Apollo Global Management for an EV value of approx USD 1.45 Billion. MolyCop is a leading global supplier of grinding media for the mining industry. 

The Firm advised and assisted the Seller on structuring the transaction and finalization of documents.

Deal Team

American Industrial Partners

The core team consisted of Ashwin Bishnoi (Partner), Amanee Kadakia (Senior Associate) and Pranshu Gupta (Associate)

The deal was assisted by:

Corporate & Commercial: Abhishek Dadoo (Partner), Gaurang Mansinghka (Senior Associate)

Capital Markets: Sudhir Bassi (Executive Director)

Direct Tax: Rahul Jain (Partner) and Jinisha Jain (Senior Associate)

Competition / Antitrust: Pranjal Prateek (Partner)