SARAYA’s Acquisition of a Majority Stake in Mystair Hygiene

Link Legal advised and represented the promoters of Manesar based Mystair Hygiene.

Saraya, a Japanese multinational company, executed the acquisition of a controlling stake in Mystair Hygiene.

Mystair Hygiene is a market leader in providing world-class hygiene solutions to institutional customers in the away from home (AFH) market. Through its pan India presence, Mystair Hygiene caters to a diverse set of marquee customers in the aviation, hospitality, education, services, and manufacturing sectors.

Saraya is an Osaka based leading global manufacturer of infection control, sanitation, and hygiene products.

Grant Thornton and SMC Capital jointly acted as the transaction advisors for the promoters of Mystair Hygiene. Saraya was represented by E&Y (financial advisor) and Business Law Chambers (legal advisor).

The Link Legal team consisted of Associate Partner (Picture), Vinu Peter Immanuel and Senior Associate, Pragathi Prakash.

Involved fees earner: Vinu Peter Immanuel – Link Legal India Law Services; Pragathi Prakash – Link Legal India Law Services;

Law Firms: Link Legal India Law Services;

Clients: Mystair Hygiene ;

Author: Michael Patrini