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SAM for Tatas, JSA for Pepsi on latter’s exit from NourishCo Bev JV

NEW DELHI : Tata Consumer Products Limited (TCPL) on Monday said it will acquire PepsiCo’s stake in NourishCo Beverages Limited—a 50:50 joint venture between the two companies as it moves to build a strong play in the packaged beverages market.


J Sagar Associates advised PepsiCo India Holdings Private Limited (PepsiCo) led by a team of partner Kartik Jain, and senior associate Ayushi Pandey.

Shardul Amarchand Mangaldas advised Tata Consumer Products Limited led by a transaction team of partner Amit Khansaheb, partner Vishruta Kaul, and associate Manu Gupta. The intellectual property team was led by partner Dev Robinson, senior associate Apoorva Murali, associate Neha Khanduri, and associate Surabhi Bhandari.


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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