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Khaitan, Argus act on $4.6m RP-Sanjiv Goenka buy of Herbolab Dr Vaidya ayurveda brand

CESC Ventures, a part of the Sanjiv Goenka-owned RP-Sanjiv Goenka Group, will acquire a majority stake in Herbolab India Pvt Ltd, makers of ayurvedic medicines and products under the ‘Dr Vaidya’s’ brand.

Hindu Business Line

Khaitan & Co advised CESC Ventures Limited India led by a team of partner Ashraya Rao, senior associate Shreya Dua and associate Minal Sangatwani., as well as an intellectual property team of lawyers Nishad Nadkarni and Sourav Dan, and a real estate team including lawyer Sneha Oak Joshi.

Update: Argus Partners advised Herbolab India Private Limited led by a team including senior partner Abeezar Faizullabhoy, partner Adity Chaudhury, and associates Deeya Ray and Kshitija Naik.

2019-06-03

Deal value: INR 32.175 crore (USD 4.6 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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