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Desai & Diwanji, Khaitan & Co clear Eureka Forbes-Waterlogic JV

Exclusive: Desai & Diwanji has acted for Eureka Forbes in its 50:50 joint venture (JV) with Khaitan & Co-advised Waterlogic, which will develop water purification products together over five years, investing $10m (Rs 54 crore).

India’s largest water purification product company Eureka Forbes instructed Desai & Diwanji associate partner Natasha Treasurywala along with associates Sreejith S and Devvrat Periwal.

Waterlogic, which is headquartered in Ireland and specialises in point-of-use water purification, was advised by Khaitan & Co partner Kalpana Unadkat and senior associate Stuti Galiya.

The JV includes a plant in Dehra Dun and covers products such as the Aquaguard World Series, reported the Hindustan Times.

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