JSA advised Tyson Foods on its full exit from Godrej Tyson Foods Limited by way of sale of its stake to Godrej Agrovet Limited (an Indian listed company) (Godrej Agrovet).
Godrej Agrovet, which previously held 51% of the share capital in Godrej Tyson Foods, has acquired the remaining 49% of the share capital in the company from Tyson. Consequent to the completion of the acquisition, Godrej Tyson Foods has become a wholly owned subsidiary of Godrej Agrovet.
Incorporated in the year 2008, Godrej Tyson has been a joint venture entity of Tyson and Godrej Agrovet to manufacture and market processed poultry and vegetarian products. Godrej Tyson Foods operate in B2C space through value-added products such as ‘Real Good Chicken’ and ‘Godrej Yummiez’, whereas in the B2B vertical, it supplies processed chicken to renowned brands across leading hotel chains and quick service restaurants.”.
JSA’s Transaction Team Comprised Lead Partner – Sidharrth Shankar, Partner – Prakriti Jaiswal, Principal Associate – Dhruv Malhotra, Senior Associate – Rishika Agarwal and Associate – Mahi Jaiswal.
Competition Team Comprised Partner – Vaibhav Choukse, Principal Associate – Nripi Jolly and Associate – Faiz Siddiqui.
With inputs from JSA’s release
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