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Temasek of Singapore acquires 19.99 percent stake in Godrej Agrovet Limited

Temasek of Singapore acquires 19.99 percent stake in Godrej Agrovet Limited

J. Sagar Associates advised Temasek of Singapore, in its acquisition of 19.99 per cent stake in Godrej Agrovet Limited for approximately Rs. 572 crores.

GAVL is engaged in the business of manufacture of animal feed, crude palm oil, agri-inputs, poultry and tissue culture. In the animal feed business it is the largest manufacturer of compound feed in India. GAVL has also entered into a strategic joint venture with Tyson Foods to produce and sell poultry products under the brands of ‘Real Good Chicken’ and ‘Yummiez’. The JSA team comprised of Partners Manisha Kumar, Vikram Raghani and Somasekhar Sundaresan along with Senior Associates Gautam Gandotra and Manav Raheja.

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