J. Sagar Associates assisted and advised Grupo Bimbo in the proposed acquisition of Modern Food Enterprises Private Limited from Everfoods Asia Pte. Ltd.
Grupo Bimbo is a Mexican multinational bakery product manufacturing company and is listed on the Mexican Stock Exchange. Ready Roti is the subsidiary of Grupo Bimbo, and owns the brand ‘Harvest Gold’.Everfoods is the private equity firm Everstone Group’s packaged foods platform, that had acquired Modern in 2015 from Hinustan Unilever. With the proposed transaction, Grupo Bimbo will have a strong foothold in the Indian bread and bakery segment.
The transaction team comprised Sidharrth Shankar, Prakriti Jaiswal, Shweta Gupta and Dhruv Malhotra.
Hema Priyadarshini Patnaik, Aman Bhatia, Vidur Prabhakar and Surbhi Talreja assisted in the legal due diligence.
Rupinder Malik, Rajul Bohra, Madhvi Datta and Sriram SL assisted in relation to the compliance due diligence.
Bharat Bhushan Sharma, Akshatha S. Mattamari, Srinivasan M.D, T G. Rajesh Kumar and Mohit Aggarwal assisted in relation to the title due diligence.
Ananya Kumar, Rajat Joneja and Kartikey Gupta assisted in relation to the litigation aspects of the transaction.
Vaibhav Chokse, Ela Bali, Nripi Jolly and Aditi Khanna advised on the competition law related aspects.
Ananya focuses on Corporate & Commercial Litigation and Dispute Resolution; with a particular focus on Construction & Engineering, Oil & Gas, Infrastructure and Roads’ Project contracts.
Bharat specializes in Real Estate and Corporate Advisory related matters. He has extensive experience in Real Estate related transactions including conducting of legal due diligence, drafting of lease deeds, leave and license agreements, joint development agreements and sale deeds.
Ela is a partner with JSA’s competition law practice with 10 years of experience. She represents and advises clients across different sectors on enforcement and merger control matters before the Competition Commission of India (CCI), National Company Law Appellate Tribunal (NCLAT), Delhi and Bombay High Court, and the Supreme Court of India (SC).
Prakriti specialises in mergers & cross border investments & acquisitions and private equity transactions. Her experience includes rendering advisory and structuring services on a variety of transactions including acquisitions of shares & business, private equity investments, joint ventures and corporate advisory.
Rajul specializes in General Corporate Commercial, Mergers & Acquisitions, Domestic & Cross Border Investments, Corporate Restructuring and Compliance, Employment and Anti-Corruption & Investigation.
Rupinder specializes in mergers & acquisitions, private equity investments, joint ventures, strategic alliances, cross-border investments, regulatory issues for India entry, restructurings of Indian and international conglomerates, as well as compliance and white-collar crime investigations.
Sidharrth specializes in General Corporate Commercial, Mergers & Acquisitions and Private Equity. He has been representing multi-national companies in cross-border transactions, advising on foreign direct investments, outbound investments, joint ventures, technology transfers, retail & franchising and commercial contract issues.
Vaibhav is a Partner with Firm’s Competition Law Practice with over 15 years’ experience.