SDS Biotech KK of Japan has acquired 65 per cent stake in agri input maker Sree Ramcides for Rs 100 crore ($18 million)..SDS Biotech will buy the stake of ePlanet Capital and some other exiting investors..Vichar Partners advised Sree Ramcides with a team led by Partner Aarthi Sivanandh along with Associates Lavanya Kirthivasan and Deepthi Agheda..Alliance Legal advised SDS Biotech with a team led by Partner Ravi Kumar while Jones Day acted as International legal advisor and the was team led by Partner Eric Sedlak..Narasappa Doraswamy & Raja advised ePlanet with a team led by Partner Siddharth Raja along with Senior Associate Neela Badami and Associate Rishabh Bharadwaj..According to VCCircle, the private equity firm invested approximately Rs 23 crore in the Chennai-based company in 2008..Sree Ramcides’ product portfolio includes herbicides, insecticides, fungicides, rodenticides, and other plant health nutrients. It has three manufacturing facilities located at Pudukottai, Chennai and Jammu. Ramcides also has over 4,000 dealers across eighteen states.
SDS Biotech KK of Japan has acquired 65 per cent stake in agri input maker Sree Ramcides for Rs 100 crore ($18 million)..SDS Biotech will buy the stake of ePlanet Capital and some other exiting investors..Vichar Partners advised Sree Ramcides with a team led by Partner Aarthi Sivanandh along with Associates Lavanya Kirthivasan and Deepthi Agheda..Alliance Legal advised SDS Biotech with a team led by Partner Ravi Kumar while Jones Day acted as International legal advisor and the was team led by Partner Eric Sedlak..Narasappa Doraswamy & Raja advised ePlanet with a team led by Partner Siddharth Raja along with Senior Associate Neela Badami and Associate Rishabh Bharadwaj..According to VCCircle, the private equity firm invested approximately Rs 23 crore in the Chennai-based company in 2008..Sree Ramcides’ product portfolio includes herbicides, insecticides, fungicides, rodenticides, and other plant health nutrients. It has three manufacturing facilities located at Pudukottai, Chennai and Jammu. Ramcides also has over 4,000 dealers across eighteen states.
