Shardul Amarchand Mangaldas & Co Advised Glen Electric On Sale Of ‘Morphy Richards’ Brand To Bajaj Electricals

Shardul Amarchand Mangaldas & Co advised Glen Electric on sale of ‘Morphy Richards’ brand to Bajaj Electricals

The leading law firm in India, Shardul Amarchand Mangaldas & Co advised Glen Electric Limited (part of the Glen Dimplex Group, Ireland) on the sale of the ‘Morphy Richards’ brand and related intellectual property rights to Bajaj Electricals Limited for INR 141.4 crores. The transaction involved a multi-jurisdictional IP assignment, including trademarks, domain names and social media accounts, across India, Nepal, Bhutan, Bangladesh, the Maldives and Sri Lanka.

Shardul Amarchand Mangaldas & Co provided comprehensive legal support on the transaction, including structuring and execution of the IP transfer across multiple jurisdictions.

The Shardul Amarchand Mangaldas & Co transaction team was led by Apoorva Murali (Partner), along with Anshika Chadha (Associate).

On tax law related aspects, the team included Gouri Puri (Partner), Rahul Yadav (Partner) and Ankita Kinra (Associate).

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