Khaitan & Co advised Asianol Lubricants Private Limited (‘’Asianol’’) on the sale of 45% stake in Quaker Chemical India Private Limited to Quaker China Holdings B.V., The Netherlands and thereby exiting from its joint venture with Quaker US. Haigreve Khaitan (Partner), Sameer Sah (Associate Partner) and Bidya Mohanty (Associate) acted as the Indian legal advisors and advised Asianol on this deal. Asianol is an ISO 9001 2008, certified  company, offering premium quality products and services for Primary Metals, Mining, Cement, Automotive, Construction equipment’s and Manufacturing industry.