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Veritas acts on Hüttenes-Albertus chemicals JV buyout of local partner Gargi

“Hüttenes-Albertus Chemische Werke GmbH (HA) announced it has increased its stake in its longstanding Indian joint venture Gargi Hüttenes-Albertus Private Limited (Gargi HA) from 40% to 74%. HA´s co-shareholder in Gargi HA, the Kapur family, will remain a strong minority shareholder with 26%. The Kapur family will continue to be active in the management of Gargi HA,” according to a company press release.

Veritas Legal advised Hüttenes-Albertus Chemische Werke GmbH led by a team of partner Kunal Doshi, senior associate Natasha Sethna.

Also advising was advocate Shrenik Gandhi.

2018-06-18

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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