mamaearth 
Dealstreet

JSA advises Mamaearth on ₹135 crore majority stake acquisition in Fluence Pharma

This acquisition marks Mamaearth's entry into the nutraceuticals market.

Bar & Bench

Honasa Consumer Limited, the parent company of Mamaearth, has made an acquisition of a 58% stake in Fluence Pharma Private Limited for ₹135 crore.

JSA Advocates & Solicitors advised Honasa on this stake acquisition.

The transaction was led by Lalit Kumar (Partner) and Amandeep Singh Virk (Partner), with support from Associates Muskaan Gupta, Sameer Dahiya, Rahul Kapoor; and Aditi Sharma.

Kumarmanglam Vijay (Partner and Head of Practice, Direct Tax) and Surajkumar Shetty (Partner) advised on Tax law aspects.

Lalit Kumar, Amandeep Singh Virk

Fluence Pharma is a nutraceuticals company with products under brands including Hairfact and Skinfact.

This acquisition marks Honasa's entry into the nutraceuticals market. The remaining shareholding in Fluence Pharma will be acquired by Honasa in two tranches within next 5-7 years.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Also Read

Law student moves Kerala High Court against restrictions under new internship policy

The charity commissioner as kingmaker: Caveats, freezes and the battle for Tata Sons

High Court can order restoration of electricity in disputes involving power theft: Supreme Court

Dual PAN card case: Allahabad High Court grants bail to Azam Khan, refuses stay on conviction

Madras High Court compares appointment of Srirangam pontiff to election of Pope, sets deadline to fill position

SCROLL FOR NEXT