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Khaitan acts for Sunrise Foods on acquisition buy ITC

Diversified conglomerate ITC Limited has entered into a share-purchase agreement to acquire Kolkata-based packaged spice maker Sunrise Foods as the Sanjiv Puri-led firm looks to bolster its food business and battle rivals Hindustan Unilever, Pepsico and Britannia.


Khaitan & Co advised Sunrise Foods Pvt Ltd led by a team of partner Surbhi Kejriwal, senior associate Varun Narayan, associate Abhishek Rao and associate Chintan Aashwini.


Deal value: Confidential

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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