Shell Group has acquired Raj Petro Specialities Private Limited from the Brenntag Group.

Dua Associates advised the Shell Group on the acquisition. The Firm advised on all aspects of the transaction including conducting due diligence, structuring of the transaction, drafting and negotiation of the transaction documents and closing assistance and advisory. The firm also assisted Shell Group in obtaining the unconditional approval from the Competition Commission of India for the transaction.

The transaction team consisted of Senior Advisor, Sunil Malik; Partners Prateek Bedi, Nityashjit Kaur, Punish Arora and Rahul Goyal. They were supported by the following:

Competition Team: Partner Gautam Shahi and Principal Associate Ruchika Sidhwani

Due Diligence Team (Corporate, Employment, Environment, Licenses and Permits): Partners Kaur and Goyal; Senior Associates Rishabh Halwai and Vaibhav Tripathi.

Due Diligence Team (Intellectual Property): Partners V.D. Gulwani and Ritu Singh.

Due Diligence Team (Real Estate): Partners A.T. Chandirasekaran, R. Ganesan; Senior Associates Hari Karthik and Saurabh Nikalje.

Lakshmikumaran & Sridharan attorneys advised the Brenntag Group on this transaction.

The transaction team was led by Srabonee Roy (Partner), with assistance from Hima Swetha (Associate). They were supported by the Competition & Antitrust team consisting of Neelambera Sandeepan (Partner) and Charms Matthew (Associate).

Al Tamimi & Co advised on the UAE aspects of the transaction

Raj Petro Specialities Private Limited is engaged in the manufacturing of petro-speciality products catering to both domestic and international markets, with business partners in about 100 countries across the globe. This acquisition supports Shell Lubricants’ bid to grow its portfolio and customer base in India, which is one of its key growth markets.

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