Vaish acts on Berger Paints acquisition of Saboo Coatings for 82 crore

Paint manufacturer Berger Paints has acquired specialty coatings maker Saboo Coatings Pvt. Ltd for a consideration of Rs. 81.77 crore (US$ 12.6 million).

Vaish Associates advised Saboo Coatings with a team led by Partner Vinay Vaish along with Associate Partner Manish Tully, Senior Associate Shivang Sargoch and Associate Ridhima Khurana.

Berger Paints was represented by their in-house legal and finance teams.

The above news was reported by BarAndBench.com