Vaish Associates advised the world’s largest privately owned company in fragrance and flavours – the Swiss company Firmenich on its Rs 27 crore ($4.5m) buy of 40 per cent stake in Indian floral extracts leader Jasmine Concrete Exports. Jasmine was advised by MMB Legal.

Vaish partner Hemant Puthran and principal associate Krishna Kishore acted for Firmenich which made the buy through its Indian subsidiary Firmenich Aromatics Production (India).

MMB Legal managing partner Mahesh Madan Bhat and associate Vishak Abraham acted for Jasmine.