{"id":46756,"date":"2025-01-16T09:16:55","date_gmt":"2025-01-16T09:16:55","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=46756"},"modified":"2025-01-16T09:18:28","modified_gmt":"2025-01-16T09:18:28","slug":"dsk-legal-herbert-smith-clifford-chance-and-azb-partners-act-on-the-100-acquisition-by-captain-fresh-of-koral-s-a-poland","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/dsk-legal-herbert-smith-clifford-chance-and-azb-partners-act-on-the-100-acquisition-by-captain-fresh-of-koral-s-a-poland\/","title":{"rendered":"DSK Legal, Herbert Smith, Clifford Chance and AZB Partners act on the 100% acquisition by Captain Fresh of Koral S.A. Poland"},"content":{"rendered":"<p><strong>Infifresh Foods Private Limited operating under brand name \u2018Captain Fresh\u2019 (CF India) and its overseas subsidiary Infifresh Foodtech AS (CF Norway) (collectively \u201cCF Group\u201d)<\/strong><!--more--><span style=\"font-size: 1rem\">acquired 100% shareholding of Koral S.A. Poland (\u201c<\/span><strong style=\"font-size: 1rem\">Koral<\/strong><span style=\"font-size: 1rem\">\u201d) from its shareholders, GRWC Holdings Limited (a private equity fund) and Futura Simul Fundacja Rodzinna (family foundation) (collectively \u201c<\/span><strong style=\"font-size: 1rem\">Sellers<\/strong><span style=\"font-size: 1rem\">\u201d) in share swap deal.<\/span><\/p>\n<p>DSK Legal and Herbert Smith Freehills acted as lead transaction counsel and advised and assisted CF Group in: (a) structuring of and implementing the overall share swap structure with the support of foreign legal counsels at relevant jurisdiction; (ii) drafting, reviewing negotiating and finalizing transaction documents reflecting the swap structure; and (iii) assistance in end-to-end closing in Poland, Norway and India and regulatory filings in India.<\/p>\n<p>The closing of the aforesaid transaction steps completed on December 23, 2024 and was undertaken simultaneously in Poland, Norway and India.<\/p>\n<p><strong>DSK team for this transaction was led by Jayesh Kothari (Partner), Rajlaxmi Kale (Principal Associate), Hemanshi Gala (Senior Associate), Kunal Chopra (Senior Associate) and Sreedatri Dhar (Associate).\u00a0\u00a0 <\/strong><\/p>\n<p>Herbert Smith Freehills, DZP Law (Polish Counsel), Schjodt Legal (Norwegian Counsel), KPMG Legal (Norway) advised CF Group.<\/p>\n<p>Clifford Chance acted as lead counsel along with BAHR A.S, and AZB &amp; Partners for the Sellers.<\/p>\n<p>KPMG Norway, BDO India and E &amp; Y Global acted as tax advisors to this transaction.<\/p>\n<p>Antarctica Advisors acted as investment bankers to this transaction.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-46758\" src=\"https:\/\/www.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Jayesh-Kothari.jpg\" alt=\"\" width=\"394\" height=\"394\" srcset=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Jayesh-Kothari.jpg 394w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Jayesh-Kothari-300x300.jpg 300w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Jayesh-Kothari-150x150.jpg 150w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/01\/Jayesh-Kothari-100x100.jpg 100w\" sizes=\"auto, (max-width: 394px) 100vw, 394px\" \/><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-46756","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/46756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=46756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}