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AZB acts on $13.8m Excel Industries buy of NetMatrix (July ‘19)

Excel Industries Ltd, India’s first domestic chemical manufacture industry will acquire the chemical manufacturing unit of NetMatrix Crop Care Limited according to a meeting between the Board of Directors of Excel Industries [...]. The meeting approved the acquisition of a chemical manufacturing unit of NetMatrix Crop Care Limited located at Plot no. 15 & ISA, APSEZ, Atchutapuram, Visakhapatnam, Andhra Pradesh as a going concern by way of slump sale.


AZB & Partners advised Excel Industries Limited led by a team of partner Vaidhyanadhan Iyer and senior associate Vasudha Asher.


Deal value: INR 950 Million / USD 13.8 Million

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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