Finance Monthly Deal Maker Awards 2015 Edition
60 www.finance-monthly.com DEAL MAKER OF THE YEAR - INDIA Evonik acquires Monarch Catalyst Chosen for his involvement in the following transaction: Abhijit Joshi, Founding Partner of Veritas Legal (ex-CEO of AZB & Partners) and a qualified Solicitor in India and England, is one of the India’s leading Corporate and M&A lawyers. Over a span of 20 years, he has been involved in noteworthy transactions involving both Indian and multinational companies. An indicative list of recent M&A transactions by Veritas is as under: • Recipharm AB in the acquisition of Nitin Lifesciences Ltd[the second largest deal in India in the injectable space] • Daimler AG with BMW & Audi (Indian leg) in the acquisition of the GPS and mapping division of Nokia • Pfizer Ltd in with its Business Transfer Agreement (BTA) for the transfer of its Thane plant as a going concern to Vidhi Research & Development • Huhtamaki Group in the merger of Webtech Labels Pvt. Ltd into Huhtamaki PPL Ltd • Tata Global Beverages Ltd & Mount Everest Mineral Water Ltd in the merger of MEMW with TGBL • Trump Organization with a license agreement with M3M Developers for the branding of residential apartments in Gurgaon, Haryana, with the ‘Trump’ name. Some of the recent accolades: Abhijit has been ranked in the forthcoming Chambers Asia 2016 guide and is the recipient of accolades including leading lawyer of the year in India in the International Who’s Who Legal for 2013 & 2014, the M&A lawyer of the year in India for 2014 by Finance Monthly, Corporate Livewire Legal Awards 2015 – Ones to Watch in 2016 – M&A and leading lawyer of the year, India by a leading publication. The firm has also been named as the new law firm of the year, India. About Abhijit Joshi Evonik Industries AG (“Evonik”), one of the world’s leading specialty chemicals companies, is listed on the Frankfurt and Luxembourg stock exchanges. Evonik has a presence in almost 100 countries around the world. Monarch Catalyst Private Limited (“Monarch”) is a family owned enterprise. Evonik successfully completed acquisition of 100% of the shareholding in Monarch. This acquisition was a strategic one as Monarch’s global oils and fats hydrogenation catalysts business shall broaden Evonik’s catalysts portfolio. Pursuant to the acquisition the name of Monarch Catalyst Private Ltd has been changed to Evonik Catalyst India Private Limited. The value of the transaction has been kept confidential and the transaction highlights the continuing attractiveness of the Indian chemical sector for strategic foreign investors. Our team consisted of Abhijit Joshi, Tushar Raut & Natasha Sethna. Transaction Repor t ABHIJIT JOSHI Found i ng Par t ner o f Ver i tas Lega l WINNER: Veritas Legal, Forbes Building, 3rd Floor Charanjit Rai, Marg, Fort, Mumbai – 400 001, India Tel (Board): +91 22 4368 6700 Email: abhijit.joshi@veritaslegal.in | Webpage: www.veritaslegal.in The firm has been in operation for nine months and has completed approximately 19 transactions in the field of M&A and private equity. The firm is involved in significant litigations with approximately 100 filings in various judicial forums across the country. From having started with just two members, the firm has grown in strength to over 30 people with 22 lawyers. In the face of adversity, the team successfully overcame several challenges to move ahead. The firm’s vision for the future remains bright and with the growing economy, it hopes to consolidate their areas of expertise and improve service standards. Firm Profile
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