S&R Associates Represented Vasant Chemicals in the Sale of its Majority Stake to International Chemical Investors Group
Prominent Indian law firm S&R Associates has announced the conclusion of a major deal involving the International Chemical
S&R Associates Represented Vasant Chemicals in the Sale of its Majority Stake to International Chemical Investors Group
Prominent Indian law firm S&R Associates has announced the conclusion of a major deal involving the International Chemical Investors Group (ICIG) and Vasant Chemicals – a leading Indian manufacturer of specialty chemicals and pharmaceutical intermediates.
Following the deal, ICIG now acquired a majority stake in Vasant Chemicals which is being seen as a big deal for both companies. They will now work closely together in the future.
Vasant Chemicals has been in business for over 40 years and is known for making speciality chemicals and pharmaceutical intermediates. They have factories in Hyderabad and Visakhapatnam. The deal means Vasant Chemicals will join ICIG’s Fine Chemicals group, which is called WeylChem. This deal is expected to help both companies grow and reach new customers.
Partner Sanjeev Adlakha led the S&R team. He was ably assisted by counsel Kanika Khanna and associate Vinayaditya Reddy.