Khaitan & Co Advised ResponsAbility, FMO, And Incofin Foundation On Acquisition Of Minority Stake In Ace International Ltd

Khaitan & Co Advised responsAbility, FMO, and Incofin Foundation on Acquisition of Minority Stake in Ace International Ltd

The leading law firm in India, Khaitan & Co acted as legal advisor to responsAbility, a Europe-based private equity fund, FMO, a Netherlands-based fund, and Incofin Foundation, a Belgium-based foundation, in their acquisition of a minority stake in Ace International Ltd (parent of Mahaan Milk Foods Limited), a North India-based dairy products exporter. The investment formed part of an equity funding round from impact investors aimed at enhancing the company’s production and procurement capabilities.

The Khaitan & Co core team consisted of Ashutosh Sharma (Partner), Sweta Rao (Counsel), and Madhav Chandan (Senior Associate), 

The Khaitan & Co assistance from the Anti-trust assessment,  Anisha Chand (Partner), Soham Banerjee (Counsel), Toshika Soni (Associate), and Transaction support,  Arvind Ramesh (Associate), Pooja P N (Associate), Sakshi Dinesh Shetty (Associate)

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