Khaitan & Co acted as the sole legal advisor to Zydus Wellness Limited (ZWL) in raising approximately INR 2500 crores in connection to raising funds for financing the acquisition of 100% stake in Heinz India Private Limited.
ZWL, a listed subsidiary of CHL, spearheads the Zydus Cadila group’s presence in the consumer health segment. On the back of pioneering brands such as Sugar Free, EverYuth and Nutralite, combined with innovations offering new benefits to consumers, ZWL has a strong brand equity in the consumer health and wellness segment in the FMCG sector. ZWL is listed both on the BSE and NSE.
Khaitan & Co advised with a team including Bhavik Narsana (Picture), Aravind Venugopal (Principal Associate), Shreya Mukherjee (Corporate), Sudhir Bassi, Arindam Ghosh, Madhur Kohli, Aayush Mohata, Barkha Doshi and Raghav Bhatia (Capital Markets), Anisha Chand, Soham Banerjee and Balaji Subramanian (Antitrust).
Involved fees earner: Bhavik Narsana – Khaitan & Co.; Aravind Venugopal – Khaitan & Co.; Shreya Mukherjee – Khaitan & Co.; Sudhir Bassi – Khaitan & Co.; Arindam Ghosh – Khaitan & Co.; Madhur Kohli – Khaitan & Co.; Anisha Chand – Khaitan & Co.;
Law Firms: Khaitan & Co.;
Clients: Zydus Wellness Ltd;