Khaitan & Co acted as legal advisors for responsAbility, a Europe-based private equity fund, FMO, a Netherlands based fund and Incofin Foundation, a Belgium based foundation in their acquisition of minority stake in Ace International Ltd (parent of Mahaan Milk Foods Ltd), a North India-based dairy products exporter as a part of equity funding round from impact investors to enhance its production and procurement capabilities.
The deal was assisted by:
Competition / Antitrust: Anisha Chand (Partner), Soham Banerjee (Counsel) and Toshika Soni (Associate)
Corporate & Commercial: Arvind Ramesh (Associate), Pooja P N (Associate), and Sakshi Dinesh Shetty (Associate)
The core team consisted of Ashutosh Sharma (Partner), Sweta Rao (Counsel) and Madhav Chandan (Senior Associate)