A Morgan Stanley Private Equity Asia-managed fund has invested Rs. 152 crore in Southern Health Foods, the makers of Manna brand of health foods..Cyril Amarchand Mangaldas acted for Morgan Stanley. The CAM team was led by Delhi Partner Nivedita Tiwari along with Partner Anuradha Mukherjee leading the due diligence team..J. Sagar Associates acted for Southern Health Foods and the team was led by Chennai Partner Aarthi Sivanandh along with Principal Associate Bhavana Alexander. Partner Dheeraj Nair and Senior Associate Kunal Kimani advised on FSSAI issues..The proceeds will be used to fund the company’s expansion in South India as well as to provide part exit to existing investors, reported Business Standard..Image taken from here.
A Morgan Stanley Private Equity Asia-managed fund has invested Rs. 152 crore in Southern Health Foods, the makers of Manna brand of health foods..Cyril Amarchand Mangaldas acted for Morgan Stanley. The CAM team was led by Delhi Partner Nivedita Tiwari along with Partner Anuradha Mukherjee leading the due diligence team..J. Sagar Associates acted for Southern Health Foods and the team was led by Chennai Partner Aarthi Sivanandh along with Principal Associate Bhavana Alexander. Partner Dheeraj Nair and Senior Associate Kunal Kimani advised on FSSAI issues..The proceeds will be used to fund the company’s expansion in South India as well as to provide part exit to existing investors, reported Business Standard..Image taken from here.
