The Kishore Biyani-led Future Group has acquired online furniture store FabFurnish.com—the first acquisition of an Internet store by Future Group..Shardul Amarchand Mangaldas advised Future Group on its acquisition of 100% stake in FabFurnish.com. The SAM & Co team was led by Shuva Mandal, National Practice Head – General Corporate, M&A & PE and included Arvind Sharma Partner, Janani Sekhar Principal Associate and Rohan Jain, Associate..Khaitan & Co acted for the Sellers with a team led by Director Ketan Kothari, Principal Associate Stuti Galiya and Associate Abhinav Bhatia..The all-cash transaction will see Future Group bring its entire portfolio of home furnishings and decor business under the FabFurnish brand, making it the largest home furnishings and decor business in the country, reports ET.
The Kishore Biyani-led Future Group has acquired online furniture store FabFurnish.com—the first acquisition of an Internet store by Future Group..Shardul Amarchand Mangaldas advised Future Group on its acquisition of 100% stake in FabFurnish.com. The SAM & Co team was led by Shuva Mandal, National Practice Head – General Corporate, M&A & PE and included Arvind Sharma Partner, Janani Sekhar Principal Associate and Rohan Jain, Associate..Khaitan & Co acted for the Sellers with a team led by Director Ketan Kothari, Principal Associate Stuti Galiya and Associate Abhinav Bhatia..The all-cash transaction will see Future Group bring its entire portfolio of home furnishings and decor business under the FabFurnish brand, making it the largest home furnishings and decor business in the country, reports ET.
