Krishnamurthy and Co | View firm profile
Krishnamurthy & Co. (K Law) advised DRT Anthea Aroma Chemicals Private Limited, engaged in manufacturing of a range of products based on terpene chemistry for the flavour and fragrance industry (like Anthamber, Dihydromyrcenol, Methyl Pentenone, Linalool, Geraniol and Nerol), in relation to availing certain working capital facilities from Axis Bank Limited.
DRT Anthea Aroma Chemicals is a 50:50 joint venture between Dérivés Résiniques et Terpéniques (DRT) France and Anthea Aromatics.
DRT, a world leader in manufacturing of resins and terpenes for the perfume, adhesive, rubber, chewing gum and food supplement industries, is a part of Swiss multinational group DSM Firmenich (world’s largest privately-owned fragrance and taste company); and Anthea Aromatics is a leading speciality chemicals manufacturer based out of Mumbai.
Anthea Aromatics is an investee company of India Resurgence Fund, a major India focused alternative investment platform sponsored by Piramal Group and Bain Capital Credit.
K Law advised India Resurgence Fund, DRT Anthea Aroma Chemicals, and Anthea Aromatics for this transaction.
The transaction was led by Zeeshan Khan (Partner) and supported by Anirban Roy Choudhury (Senior Associate), and a team of associates.
Axis Bank Limited business team was led by Shantanu Kanhe and was advised by Khaitan & Co. led by Manisha Shroff.