Tyson Foods has made a full exit from Godrej Tyson Foods Limited by way of sale of its stake to Godrej Agrovet Limited.
Godrej Agrovet, which previously held 51% of the share capital in Godrej Tyson Foods, has acquired the remaining 49% of the share capital in the company from Tyson. Consequent to the completion of the acquisition, Godrej Tyson Foods has become a wholly owned subsidiary of Godrej Agrovet.
JSA advised Tyson Foods on their exit.
The transaction team consisted of Sidharrth Shankar (Lead Partner), Prakriti Jaiswal (Partner), Dhruv Malhotra (Principal Associate), Rishika Agarwal (Senior Associate) and Mahi Jaiswal (Associate), with assistance from the following:
Competition Team: Vaibhav Choukse (Partner), Nripi Jolly (Principal Associate), Faiz Siddiqui (Associate).
Godrej Tyson Foods operate in B2C space through value-added products such as ‘Real Good Chicken’ and ‘Godrej Yummiez’, whereas in the B2B vertical, it supplies processed chicken to renowned brands across leading hotel chains and quick service restaurants.
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