TREVES S.A.S., France (Treves) has sold 50% of its shareholding in the Indian joint venture company, SUPREME-TREVES PRIVATE LIMITED (Supreme-Treves) to its Indian joint venture partner, SUPREME NONWOVENS PRIVATE LIMITED (Supreme). Supreme has increased its shareholding from 50% to 100% in Supreme-Treves. Supreme-Treves was formed as a joint venture between Supreme and Treves in 1996 and is the leading manufacturer of Interior Trims & NVH components for the automobile industry in India.

Treves was represented by J. Sagar Associates (JSA). The JSA team comprised of M&A Partner – Sandeep Mehta; Principal Associate Malav Shah; and Associates Yosham Vardhan & Malini Rao.