Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to Crystal Crop Protection Limited (“Crystal”) in relation to its acquisition of 100% shareholding of FMC India Private Limited (“FMC India”) from FMC and its group entities. The transaction also involves the acquisition of FMC India’s commercial operations in the crop protection business in India, including a license to FMC’s brands sold in India. As part of the transaction, Crystal will also receive preferred supply arrangements for certain FMC active ingredients and formulated products, along with preferred access to FMC’s pipeline of active ingredients in India for the crop protection field. The deal value is approximately INR 22,680 million, subject to customary adjustments for cash, debt and working capital. SAM advised Crystal on all aspects of the transaction, including advising on the transaction structure, drafting, reviewing and negotiating the share purchase agreement, intellectual property license agreement, innovation access agreement, supply agreements, transition services agreement, and other ancillary transaction documents. The SAM transaction team was led by Puja Sondhi, Partner, and Aayush Kapoor, Partner, supported by Sourav Nath, Principal Associate, Prerna Saroha, Senior Associate, Vaibhavi Shaunak, Senior Associate, Pratim Majumder, Senior Associate and Rishika Arya, Associate. The Direct Tax team comprised Gouri Puri, Partner, Rahul Yadav, Partner and Nimish Malpani, Principal Associate. The Indirect Tax team comprised Rajat Bose, Partner, Neeladri Chakrabarti, Consultant and Vikram Singhal, Principal Associate. The IP team comprised Apoorva Murali, Partner and Anshika Chadha, Associate. The Competition Law team comprised Rohan Arora, Partner, Ritesh Puri, Senior Associate and Ojaswi Bhagat, Associate.
About Shardul Amarchand Mangaldas & Co: Shardul Amarchand Mangaldas & Co. (SAM), founded on a century of legal achievements, is one of India’s leading full-service law firms with the ISO/IEC 27001:2022 certification - the latest global benchmark for Information Security Management Systems. The Firm’s mission is to enable business by providing solutions as trusted advisers through excellence, responsiveness, innovation, and collaboration. SAM is known globally for its exceptional practices in mergers & acquisitions, private equity, competition law, insolvency & restructuring, dispute resolution, international commercial arbitration, capital markets, banking & finance, tax, intellectual property, data protection and data privacy, white collar crime, technology law and infrastructure, energy and project finance. With the full suite of Harvey AI functionalities, the Firm has a pan-India presence and has been at the helm of major headline transactions and litigations in all sectors, besides advising major multinational corporates on their entry into the Indian market and their business strategy. Currently, the Firm has over 900 lawyers including 187 Partners, offering legal services through its offices in New Delhi, Mumbai, Gurugram, Ahmedabad, Kolkata, Bengaluru, and Chennai.
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