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SAM Calcutta dines on Haldirams buy of Pan India Food, securing Gelato, Coffee Bean, Spaghetti Kitchen brands

Haldirams Ltd and its promoters acquired Everstone Capital-backed Pan India Food Solutions Ltd (PIFS) along with various popular food brands owned by PIFS, such as Gelato Italiano, Coffee Bean & Tea Leaf and Spaghetti Kitchen, according to reports.

Shardul Amarchand Mangaldas & Co Kolkata advised Haldirams Ltd and its promoters, led by a team of partner Sakshi Mehra, principal associate Shiladitya Banerjee, senior associate Dipayan Bhattacherjee and associate Rohan Singh.

PIFS was represented by the in-house team of Everstone Capital, the private equity fund that owned and has now sold the company.


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