Norwegian conglomerate Orkla which owns MTR Foods has entered an agreement to buy a majority stake in Kerala’s largest spice player Eastern Condiments for Rs 2,000 crore with an aim to double up its spice presence in India.

— Business Standard

IC Universal Legal advised Eastern Condiments Private Limited

Trilegal advised Orkla.

2020-09-05

Deal value: INR 2000 Crores

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