--- title: "FountainVest, EMS call off deal for EuroGroup Laminations stake due to India compliance issue" description: "Chinese private equity firm FountainVest has canceled its acquisition of a major stake in EuroGroup Laminations from EMS due to failed regulatory approval in India. EMS and FountainVest's Ferrum state" type: "news" locale: "en" url: "https://longbridge.com/en/news/276039789.md" published_at: "2026-02-16T07:25:03.000Z" --- # FountainVest, EMS call off deal for EuroGroup Laminations stake due to India compliance issue > Chinese private equity firm FountainVest has canceled its acquisition of a major stake in EuroGroup Laminations from EMS due to failed regulatory approval in India. EMS and FountainVest's Ferrum stated that compliance discussions were unsuccessful, leading to the deal's termination. EMS had previously agreed to sell its 45.7% stake in EuroGroup, which aimed for a buyout and delisting. EuroGroup Laminations confirmed that the termination of the deal does not impact its industrial or financial outlook. Chinese private equity firm FountainVest has called off a deal to buy a major stake in EuroGroup Laminations from the Italian electric motor component maker's main shareholder EMS after they failed to obtain a regulatory approval in India. EMS Euro Management Services and FountainVest-owned investment vehicle Ferrum said in a joint statement on Monday that compliance discussions with Indian authorities had been unsuccessful and an alternative solution could not be found, so they had scrapped the deal. EMS last year agreed to sell its 45.7% stake in EuroGroup Laminations to FountainVest through Ferrum Investment, in a deal that envisaged a buyout offer aimed at delisting the Italian firm. EuroGroup Laminations said in a separate press release that the deal termination did not affect its industrial or financial outlook. ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Eurogroup Laminations Says Contractual Arrangements Between EMS, Fountainvest Terminated | Eurogroup Laminations SpA :COMPANY IS NOT A PARTY TO CONTRACTUAL ARRANGEMENTS BETWEEN EMS, FOUNTAINVEST, REGARDING IMPOS | [Link](https://longbridge.com/en/news/276037353.md) | | Euronext Oslo Børs - Decision on admission to trading - Pelagic Credit Plc. | Euronext Oslo Børs has approved the admission of Pelagic Credit Plc. to trading on Euronext Growth Oslo. The company is | [Link](https://longbridge.com/en/news/276064735.md) | | Why Ziidi Money Market Fund suspends trading after 3:30 PM | Safaricom has clarified the suspension of trading on the Ziidi Money Market fund after 3:30 PM, addressing user concerns | [Link](https://longbridge.com/en/news/276049506.md) | | Traumasoft Acquires Huly, Advancing a Market-First AI Strategy for the EMS Industry while Retaining Hulyâs Market Independence | Traumasoft has acquired Huly, an AI platform aimed at enhancing workflow efficiency in the EMS industry. Huly will maint | [Link](https://longbridge.com/en/news/275330085.md) | | Minnesota ICE drawdown underway and surge should end, Trump's border czar says | WASHINGTON, Feb 12 (Reuters) - U.S. President Donald Trump’s border czar Tom Homan said on Thursday that a significant d | [Link](https://longbridge.com/en/news/275771482.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.