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Shardul Amarchand Mangaldas & Co advises on sale of majority stake in pest control products and services business of Pest Control (India) to Rentokil Initial Plc

Shardul Amarchand Mangaldas & Co advises on sale of majority stake in pest control products and services business of Pest Control (India) to Rentokil Initial Plc

Shardul Amarchand Mangaldas & Co advised in relation to sale of 57% stake of the pest control products and services business of Pest Control (India) Private Limited to a subsidiary of Rentokil Initial Plc. The M&A Team of Shardul Amarchand Mangaldas & Co were the Indian legal advisors to the sellers in the transaction (Pest Control (India) Private Limited, Anil Rao and his family). The M&A Team were involved in the structuring of the overall transaction and in the review, negotiations and finalisation of the transaction documents. The Team was led by Mr. Jay Gandhi, Partner; and included Mr. Kunal Mehta, Principal Associate; Mr. Arun Jerome, Principal Associate; Mr. Abhishek Parekh, Senior Associate, Mr. Rayan Azmi, Associate. The parties involved in the transaction were Pest Control (India) Private Limited, Anil Rao and his family (Our Clients) and a subsidiary of Rentokil Initial Plc (Counter Parties)

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