ITC Limited’s Acquisition Of Sunrise Foods

Khaitan & Co advised Sunrise Foods Pvt Ltd on the deal.

ITC Limited acquired 100% of the equity share capital of Sunrise Foods Private Limited.

Sunrise is a manufacturer of Indian Spices like ground spices, blended spices.

ITC Limited is a holding company, which has a diversified presence in Packaged Foods & Confectionery, Branded Apparel, Cigarettes, Hotels, Paperboards & Specialty Papers, Packaging, Greeting Cards and other FMCG products.

The Khaitan & Co team was led by Partner Surbhi Kejriwal (Picture), Varun Narayan (Senior Associate), Abhishek Rao (Associate) and Chintan Aashwini (Associate).

Involved fees earner: Chintan Aashwini – Khaitan & Co.; Surbhi Kejriwal – Khaitan & Co.; Varun Narayan – Khaitan & Co.; Abhishek Rao – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Sunrise Foods Pvt Ltd;

Author: Michael Patrini