FoxMandal Little, one of India’s largest firms, has acquired Paris-based boutique firm Lexindia. As of May 16, Lexindia began operations under FoxMandal’s banner.
Lexindia was established in Paris in 1987 by the firm’s sole partner Tony Khindria, who specializes in advising French companies on their investment interests in India.
The firm also has four associates and additional offices in London and New Delhi. Khindria, who was born in Punjab, is qualified to practice in England and Wales, and France. He specializes in company and commercial law.
According to Khindria, Lexindia focuses on the infrastructure, pharmaceuticals, telecommunications, steel, transport and power sectors. He declined to name his clients.
The deal will give FoxMandal an office in Paris. The firm, which opened a London office in 2008, said in a statement it wishes to develop its exposure to civil-law models such as the French legal system.
Khindria also says that joining FoxMandal will help Lexindia fulfill its goal of advising Indian clients investing in Africa. “The acquisition will certainly be mutually beneficial and help bridge what we have traditionally done,” says Khindria.
FoxMandal has over 50 partners and 400 lawyers working across 12 Indian offices and London.