The proposed combination relates to the acquisition of certain equity shareholding of Theobroma Foods Private Limited (Theobroma) by Infinity Partners, Aqua Investments Limited and Atreides Investments B. V. (collectively referred to as ‘Acquirers’). The Acquirers are private equity investors belonging to ChrysCapital group of entities. Theobroma is engaged in the business of manufacture and sale of bakery and confectionery products, food and beverages through its patisseries and stores present in over 30 cities in India and via its online platform and other online sales channels.

Detailed order of the Commission will follow.

 

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Vishal Gupta