Mansukhlal Hiralal and Shardul Amarchand Mangaldas act on Hortifrut's investment in IG Berries
Mansukhlal Hiralal and Shardul Amarchand Mangaldas act on Hortifrut's investment in IG Berries
The US$ 20 million worth deal is to take place over multiple tranches
Hortifrut SA, a Santiago, Chile-based multinational company has joined forces with IG Berries Private Ltd, a leading grower, distributor, importer, and exporter of fresh fruits within India, by investing US$ 20 million.
The investment will be used to transform the berry business across India in the years to come.
Indian law firm Mansukhlal Hiralal & Co advised IG Berries. The team was led by Bhushan Shah (Partner) and assisted by Shreya Dalal (Senior Associate), Karishma Motla (Senior Associate), Rishab Jain (Associate), and Keerthi Kamath (Associate).
Hortifrut SA was represented by Shardul Amarchand Mangaldas with the team comprising Shiladitya Bannerjee (Partner), Garima Tyagi (Senior Associate), and Niharika Chaturvedi (Senior Associate).
