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PXV and French friend advise on Rs 145 cr Century Seeds buy with Narasappa

PXV Law Partners, together with its French best friend firm DS Avocats, acted for French $1.9bn agricultural conglomerate Groupe Limagrain that bought Delhi-based vegetable seeds maker Century Seeds, represented by Bangalore firm Narasappa Doraswamy Raja.

PXV stepped up with partners GT Thomas Phillippe and Anuj Sahay and senior associate Shivani Chugh for Groupe Limagrain, which also drew on French firm DS Avocats partner Olivier Monange at home.

DS Avocats had entered into a best friendship with RDA Legal, as PXV was called in 2010.

Narasappa Doraswamy partner Harish Narasappa represented Century Seeds.

According to the Economic Times the French company paid between Rs 140-145 crore ($25-26m) in an all-cash deal, in one of the largest M&A deals in the seeds space.

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