Haldiram Snacks has acquired the Namkeen brand Babaji and associated inventory from Lamba Food for an estimated value of around Rs 30 crores. The deal includes the acquisition of the Babaji brand, associated inventory, and associated plant and machinery. The deal was structured as an intellectual property assignment and plant and machinery vis-a-vis the operations of the Babaji brand, as partly reported by VCCircle.
L&L Partners advised
Last month we had reported that Shardul Amarchand Mangaldas had advised Haldirams Ltd in Kolkata on the buy of Pan India Food Solutions.
2019-03-05
Deal value: Approx. INR 30 crores
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.