Shardul Amarchand Mangaldas & Co. represented Mitsui on its acquisition of certain shares of Sneha Farms

August 6, 2024

Shardul Amarchand Mangaldas & Co. successfully represented Mitsui & Co. Ltd. (Mitsui) in securing an approval from the Competition Commission of India for its proposed acquisition of certain equity shares of Sneha Farms Private Limited (Sneha Farms) through a combination of primary subscription and secondary purchase.

Mitsui, listed on the Tokyo Stock Exchange, is a general trading company with a highly diverse business and investment portfolio across various sectors, including mineral and metal resources, energy, infrastructure projects, food & retail management. Sneha Farms primarily operates in India’s poultry industry, engaging in activities ranging from poultry breeding to product distribution, which includes maintaining hatcheries and manufacturing poultry feed and pre-mixes.

Our Competition Law Team comprised of Partner Aparna Mehra, Senior Associates Kshitij Sharma and Ishaan Chakrabarti, and Associate Sarthak Mishra.

Our Transaction Team was led by Partners Ambarish and Tanavi Mohanty, along with Senior Associates Pratyush Hari and Soumya Pradhan, and Associate Shreya Mukherjee.