Milk Mantra Dairy, a dairy manufacturing company based out of Orissa, acquired 100% of the shareholding of Westernland Dairy, another Orissa-based company engaged in the dairy manufacturing sector..The shares were acquired by way of secondary acquisition from existing shareholders of Westernland Dairy in two tranches..The team from Amarchand, led by Bangalore-based Partner Arjun Lall, acted as the sole legal counsel in the transaction..Milk Mantra is a start-up founded 5 years ago by ex-Tata Administrative Service executive Srikumar Misra, which is backed by impact investment firm Aavishkaar and private equity heavyweight Fidelity Growth Partners India. It also owns the ‘Milky Moo’ brand..Image taken from here.
Milk Mantra Dairy, a dairy manufacturing company based out of Orissa, acquired 100% of the shareholding of Westernland Dairy, another Orissa-based company engaged in the dairy manufacturing sector..The shares were acquired by way of secondary acquisition from existing shareholders of Westernland Dairy in two tranches..The team from Amarchand, led by Bangalore-based Partner Arjun Lall, acted as the sole legal counsel in the transaction..Milk Mantra is a start-up founded 5 years ago by ex-Tata Administrative Service executive Srikumar Misra, which is backed by impact investment firm Aavishkaar and private equity heavyweight Fidelity Growth Partners India. It also owns the ‘Milky Moo’ brand..Image taken from here.