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Clove Legal, D&D on Borkar's buy of Suraksha Packers

Clove Legal advised Goa-based conglomerate Borkar Group on its acquisition of corrugated box maker Suraksha Packers which was advised by Desai & Diwanji.

Clove co-founding partner Dharmesh Kotadia and associate Nupur Rustagi acted for Borkar, which deals in printing & packaging, retail, real estate and financial consultancy.

Desai Mumbai partner Sidharth Mody and senior associate Manav Shah acted for Suraksha.

The Borkar Group has a turnover of over Rs 500 crore, while Suraksha Packers has a turnover of Rs 65 crore, reported the Economic Times.

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