Cyril Amarchand, Wadia Ghandy act on Asian Paints acquisition of White Teak

The deal amount remains undisclosed.
Cyril Amarchand, Wadia Ghandy act on Asian Paints acquisition of White Teak
whiteteak

Asian Paints has acquired White Teak, a company engaged in the business of decorative lighting and home décor - from the selling shareholders of White Teak - Pawan Mehta & Gagan Mehta.

Cyril Amarchand Mangaldas advised Asian Paints on the deal.

The team was led by Smruti Shah (Partner); with support from Aviral Chauhan (Principal Associate); and Priya Gupta (Associate).

Wadia Ghandy & Co acted as legal counsel to White Teak.

As a part of the transaction, Asian Paints Limited has entered into a definitive agreements with White Teak, for acquiring 100% shareholding in White Teak over 3 tranches to be completed in a period of 3 years.

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