Majmudar, Phoenix lead on Italy's Pelliconi's acquisition of stake in Oricon Packaging for 419 crore

Bar & Bench November 10 2017

Majmudar & Partners represented Pelliconi & C. S.p.A., one of the world’s leading manufacturers of crown corks, metal and plastic caps for the bottling industry, on its proposed acquisition of 51% in Oricon Packaging Limited, a wholly owned subsidiary of Oricon Enterprises.

The proposed acquisition is at an enterprise value of Rs. 419 crores ($64.5 million approximately).

The Majmudar team was led by Managing Partner Akil Hirani along with Associate Partner Amrit Mehta . . .

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