International private equity firm Advent International bought a controlling stake in Manjushree Technopack, India’s largest PET manufacturer, from its existing shareholders including Kedaara Capital and promoters for around Rs 2,400 crores. Khaitan & Co advised Advent International led by partners partner Haigreve Khaitan, partner Aakash Choubey and associate partner Monika Srivastava, with transaction team comprising of senior associateAishwarya Nagpal, senior associate Shreya Dua, associate Shailesh Singh, associate Pallavi Panigrahi and associate Angeline Benny. Several other practices supported the transaction team, including associate partnerIndruj Rai and principal associate Shabnam Sheikh on tax aspects.