Shardul Amarchand Mangaldas & Co. advised Tata Consumer Products Limited to acquire PepsiCo’s 50% share in NourishCo Beverages to become 100% owner of NourishCo Beverages. The date of closing was 18 May 2020. NourishCo Beverages sells products under the hydration brands Himalayan mineral water, Tata Gluco Plus and Tata Water Plus.
The transaction team was led by Amit Khansaheb, Partner, Vishruta Kaul Partner; and Manu Gupta, Associate. The intellectual property team was led by Dev Robinson, Partner, Apoorva Murali, Senior Associate, Neha Khanduri, Associate; and Surabhi Bhandari, Associate.
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