Reliance Consumer Products Limited has acquired a majority stake in Australia's Goodness Group Global Pty Ltd.
Khaitan & Co advised Reliance Consumer Products on this acquisition. The firm assisted with end-to-end transaction advisory services, including preparing and negotiating the definitive transaction agreements, liaising with offshore counsel, assisting with execution and closing, and advising on various legal aspects throughout the transaction.
The core team consisted of Rahul Dutt (Partner), Hetal Thakkar (Partner), Tanvi Tekriwal (Principal Associate), Palak Sunil Choudhary (Senior Associate), Sanket Pargaien (Senior Associate), and Ashutosh Mishra (Associate), with assistance from Shailendra Bhandare (Partner) and Sourav Dan (Counsel) on Intellectual Property aspects, Tanu Banerjee (Partner) and Akriti Sirsalewala (Senior Associate) on Brand endorsement aspects, Deepak Kumar (Partner) on Employment aspects and Sneh Shah (Partner), Jinisha Jain (Senior Associate) on Tax aspects.
Sydney-based Goodness Group Global is a renowned player in Australia that focuses on offering healthier global quality beverage choices to the consumers across Australia and 21 other global markets.
Driven by its core principle of ‘Better-For-You’ products, GGG’s flagship brand Nexba is an iconic gut-health beverage prepared with their proprietary all-natural, plant-based zero calorie sweetener, Goodsweet.
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