K.R.S. Corporation, Japan has made a majority stake acquisition in Coldrush Logistics Private Limited by way of primary subscription to shares of Coldrush, and secondary purchase of shares from Hydra Commercial Investments LLC, an UAE-based existing shareholder.
DSK Legal advised and assisted K.R.S. Corporation on this transaction.
Anand Desai (Managing Partner) and Abhishek Singh Baghel (Partner) served as lead and engagement partners for this transaction.
The transaction team consisted of Abhishek Singh Baghel, Sharath Chandrasekhar (Partner), Aravind Karunakaran (Associate Partner), Shivam Sharma (Senior Associate), Devraj Sood (Senior Associate), Srinandini Kar (Senior Associate), Vanshika Rana (Associate) and Ishika Agarwal (Associate).
Vinodh Kumar (Resident Partner) and Rathin Somnath (Associate Partner) advised on the UAE leg of the transaction.
Nagashima Ohno & Tsunematsu acted as lead transaction Counsel and Japanese Counsel for KRS.
K.R.S. Corporation is a Japan-based logistics company engaged primarily in warehousing, transportation, freight forwarding, customs clearance and other logistics-related services. Established in 1966, the Company operates an extensive logistics network, including temperature-controlled logistics services.
Coldrush is an India-based cold-chain logistics company that provides temperature-controlled warehousing and transportation services.
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