Majmudar & Partners represented the Sanwal family on the sale of their 100% shareholding in AIMS Impex Private Limited, a leading flavour and fragrance chemicals manufacturer to Eternis Fine Chemicals Limited for an aggregate purchase price of US$15 million. AIMS Impex Private Limited is a market leader in manufacturing synthetic coumarin, a popular fragrance chemical in India.
Rukshad Davar, Partner, and Amrit Mehta, Associate Partner, represented the Sanwal family on this transaction. HSA Advocates and Avendus Capital represented Eternis Fine Chemicals Limited.
Source: In-House Community