Firm Matters
BackKhaitan & Co advised Zydus Wellness on the transaction, including the structuring and documentation for the transaction, with assistance from Bird & Bird, United Kingdom.
Alidac UK Ltd, a wholly owned subsidiary of Zydus Wellness has executed a share purchase agreement (“SPA”) with the Sellers for purchase of 100% outstanding ordinary shares of Class A and Class B, 71.43% of non-controlling ordinary shares of Class C and 66.67% of non-controlling ordinary shares of Class D of Comfort Click Limited (UK) (“CCL”) for a total consideration of GBP 239 million plus the agreed profit ticker from the date of Lock Box (i.e. 31 March 2025) till the date of closing (i.e. 29 August 2025), as reduced by permitted leakages and subject to customary adjustments under the terms of SPA.
Deal Team
The core team consisted of Bhavik Narsana (Partner), Shweta Dwivedi (Consultant), Pragya Mishra (Associate) and Kamayani Mittal (Associate).
The deal was assisted by:
Competition / Anti-trust: Anshuman Sakle (Partner) and Ritika Ghosh (Associate).
Corporate and Commercial: Bhavik Narsana (Partner),Shweta Dwivedi (Consultant), Snehal Raut (Senior Associate) and Pragya Mishra (Associate)
Employment,Labour and Benefits: Deepak Kumar (Partner) and Archika Dudhwewala (Principal Associate).
Intellectual Property: Nishad Nadkarni (Partner) and Riya Karkera (Associate).
