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Zydus Wellness is acquiring the consumer brand business of Kraft Heinz in India, jointly with Cadila Healthcare, for Rs. 4500-4600 crore.
This will include brands like Complan, Glucose D, Nycil and Sampriti Ghee.
Khaitan & Co acted for Zydus and the team was led by Partner Bhavik Narsana.
Cyril Amarchand Mangaldas and Gibson Dunn & Crutcher acted for Kraft Heinz.
The CAM team was led by Managing Partner Cyril Shroff along with Partners Nivedita Rao, Ruetveij Pandya and Anchal Dhir.
Partner Avaantika Kakkar advised on competition law aspect.
Gibson Dunn team was led by Partner Jai Pathak.
Heinz India has a strong network of over 800 distributors and more than 20,000 wholesalers covering 29 states.
Read the Press Release