Trilegal and JSA Advise on Strategic Acquisition to Boost Anthea Aromatics’ Growth and Expansion
India Resurgence Fund (IndiaRF) has acquired a controlling stake in Anthea Aromatics Private Limited, one of India’s oldest and leading aroma chemicals companies, for up to ₹1,000 crore.
This strategic investment is aimed at supporting Anthea’s growth initiatives, including strengthening its manufacturing capabilities, expanding its product range, and exploring new market opportunities.
Trilegal advised IndiaRF on the transaction, with their corporate, banking and finance, employment, environmental compliance, real estate, and technology teams contributing expertise across various aspects of the deal. The Trilegal team was led by Partner Harsh Jain, with key contributions from Counsels Prarthna Baranwal and Anamika Ray, among others.
JSA Advocates & Solicitors advised Anthea Group and its existing shareholders, including ICICI Ventures and the Menacherry family, with Tirthankar Datta leading the team. JSA’s support covered corporate, employment, and other legal considerations for the transaction.
Established in 1992, Anthea Aromatics operates five manufacturing facilities across Maharashtra and Karnataka and is poised to accelerate its expansion with this significant infusion of capital. The acquisition will enable Anthea to enhance its product portfolio and expand its presence in the global market.
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