Firm News
Hikal Acquires European Pharma Distributor Marsing & Co.
| Release Date: |
10 September 2004 |
| Law Firm: |
Malvi Ranchoddas & Co in Mumbai assisted by Mishcon de Reya |
| Client Name: |
Hikal Limited/Hikal International BV |
| Description of Deal: |
Hikal today announced acquisition of majority shareholding in Marsing & Co. A/S, a Denmark-headquartered European pharmaceutical marketing and distribution company, with an annual turnover of approximately of US$60 million.
(See attached client press release) |
| Value of Deal: |
Approx US$6 million |
| Deal Completion Date: |
3 September 2004 |
| Firm's Key Personnel: |
Jonathan Berman, Partner
Andrew Savile, Assistant |
| Other Parties: |
Malvi Ranchoddas & Co in Mumbai (lead lawyers and also there were lawyers in Denmark) |
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