AZB & Partners advised FIH Mauritius Investments Ltd. and FIH Private Investments Ltd., affiliates of the Fairfax Group to acquire 30% of the shareholding into the Sanmar Engineering Services Limited, the holding company of the chemicals business of the Sanmar Group.

FIH Mauritius Investments Ltd. acquired 30% of the share capital of the Company (“Equity Investment”). Total consideration of the deal was for USD 300 million (INR 20.4 billion).

AZB & Partners team comprised of Ashwin Ramanathan, Partner annd Roxanne Anderson Senior Associate.