Larsen & Toubro announced the sale of its shares in Voith Paper Technology India Limited effective October 1st 2009 to its long term Joint Venture Partner Voith GmbH of Germany.
VPTIL was a 50:50 JV between L&T and Voith Paper GmbH of Germany, providing design, consultancy and other value
http://www.steelguru.com/news/index/2009/10/28/MTE3NzQ4/Larsen_and_Toubro_sells_its_stake_in_Voith_Paper_Technology.html
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