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Majmudar & Partners advises Sawal & Company on sale of their 100% shareholding

Majmudar & Partners advises Sawal & Company on sale of their 100% shareholding

Majmudar & Partners represented the Sanwal family on the sale of their 100%shareholding in AIMS Impex Private Limited, a leading flavour and fragrancechemicals manufacturer to Eternis Fine Chemicals Limited for an aggregatepurchase price of US$15 million. AIMS Impex Private Limited is a market leader inmanufacturing synthetic coumarin, a popular fragrance chemical in India. Rukshad Davar, Partner, and Amrit Mehta, Associate Partner, represented the Sanwal family on this transaction. HSA Advocates and Avendus Capital representedEternis Fine Chemicals Limited.

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