Gokul Refoils and Solvent acquisition of its edible oil refinery

by Adani Wilmar

Gokul Refoils and Solvent Limited is a leading Indian manufacturer of edible oils. AZB & Partners were the legal advisers to Gokul in the divestment of its edible oil refinery at Haldia, India to Adani Wilmar Limited. Rajendra Barot and Arvind Ramesh led the deal from AZB’s perspective, assisted by Karan Nelivigi and me (Nayan Banerjee).

Nayan Banerjee, AZB & Partners commented:

“As the junior associate, I felt fortunate to be involved in this transaction as the deal teams had a mutual understanding of the unique commercial requirements of the business, including the specific regulatory obligations. This enabled them to come to the negotiating table focused on arriving at a consensus driven by practical realities, leading to an efficient structuring and drafting process.”