Toppan Printing Co. (Toppan) of Japan has acquired a 49% stake in Max Speciality Films Limited (MSF), of which 35.93% has been sold by MSF to Toppan and the remainder 13.07% constitutes issue of fresh shares..DealToppan acquires 49% equity in MSFValue₹200 croreSectorManufacturingDeal typeM&ALaw FirmsShardul Amarchand Mangaldas: Toppan, AZB & Partners: Max Ventures and Industries Limited & MSFPartners/HeadsAZB & Partners: Anil Kasturi and Nandita Govind; Shardul Amarchand Mangaldas – Rudra Kumar Pandey.AZB & Partners advised MVIL and MSF on the transaction through a team lead by Anil Kasturi and Nandita Govind along with Senior Associate Kanchan Puri..Toppan was advised by Shardul Amarchand Mangaldas with a team led by Partner Rudra Kumar Pandey along with Senior Associate Sandeep Sharma..The deal will help MSF expand its manufacturing operations and benefit from Toppan’s global sales network.
Toppan Printing Co. (Toppan) of Japan has acquired a 49% stake in Max Speciality Films Limited (MSF), of which 35.93% has been sold by MSF to Toppan and the remainder 13.07% constitutes issue of fresh shares..DealToppan acquires 49% equity in MSFValue₹200 croreSectorManufacturingDeal typeM&ALaw FirmsShardul Amarchand Mangaldas: Toppan, AZB & Partners: Max Ventures and Industries Limited & MSFPartners/HeadsAZB & Partners: Anil Kasturi and Nandita Govind; Shardul Amarchand Mangaldas – Rudra Kumar Pandey.AZB & Partners advised MVIL and MSF on the transaction through a team lead by Anil Kasturi and Nandita Govind along with Senior Associate Kanchan Puri..Toppan was advised by Shardul Amarchand Mangaldas with a team led by Partner Rudra Kumar Pandey along with Senior Associate Sandeep Sharma..The deal will help MSF expand its manufacturing operations and benefit from Toppan’s global sales network.