Guala Closures (India) Private Limited has acquired the business of manufacturing, trading and sale of metal crown seals and roll on pilfer proof closures of Oricon Enterprises Limited.
TT&A advised Guala Closures on this acquisition deal.
The transaction team consisted of Feroz Dubash (Partner), Chhavi Singhal (Senior Associate), and Associates Aanchal Kabra and Nandini Pradhan.
Phoenix Legal advised Oricon Enterprises on this transaction.
This acquisition marks a major step in the development of the global crowns division of the Guala group and has strengthened Guala group’s industrial and commercial presence in India.
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