Dodla Dairy Limited has made a 100% acquisition of HR Food Processing Private Limited (Osam Dairy) for a consideration of ₹271 crore.
VERTICES PARTNERS represented Osam Dairy and its promoters on this transaction.
The transaction team was led by Vikrant Anand (Partner), with support from Nishant Singh (Senior Associate) and Associates Nishtha Khandelwal and Mohammed Kaif.
Founder and Managing Partner Vinayak Burman provided strategic inputs
Spice Route Legal advised Lok Capital Growth Fund, Aavishkaar India II Company Limited, and Aavishkaar Venture Management Services Private Limited, the selling shareholders of Osam Dairy, on this transaction.
The transaction team consisted of Praveen Raju (Partner), and Associates Felina Das, Vinita Jagtiani and Somya Sharma.
Dodla Dairy is a prominent dairy company based in South India, known for its extensive range of dairy products, including milk, curd, and other value-added items. The company has established a strong presence in the southern Indian market and is recognized for its commitment to quality and innovation in the dairy sector.
The acquisition of Osam Dairy, a premium dairy brand located in eastern India, enhances Dodla's footprint in the eastern Indian market, allowing the company to leverage Osam Dairy's established brand and distribution network.
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