LKS-breakaway Veyrah with Samvad on ASDA buy of iconic Mumbai restaurant chain Moshe’s

Tuesday, 29 August 2017 By Rukmini Biswas Corporate M&A

ASDA Media & Entertainment Private Limited (ASDA), an INDASDA Group entity, has acquired a significant stake in Moshe’s Fine Foods Private Limited from South Asia Gastronomy (Mauritius) Enterprises LLC, a food and beverage portfolio company and platform of private equity firm, New Silk Route, as reported by The Economic Times and Deal Street Asia.

Veyrah Law team led by partner Ajay Joseph and associate Anshul Pandey advised and assisted ASDA Media & Entertainment in the process of acquisition.

Samvad Partners Mumbai-based partner Vineetha MG and associates Niruti Pongotra and Himani Singh acted and represented South Asia Gastronomy Enterprises LLC.

Moshe’s Fine Foods owns and operates a Mediterranean cuisine-focused chain under the Cafe Moshe brand and runs 14 outlets across Mumbai and Pune.

Veyrah LawSamvad Partners

Comments

Guest 29 Aug 2017, 09:33
+1 -0
Vineetha is Bombay based..
kianganz 29 Aug 2017, 09:36
+1 -0
Thank you, indeed! Corrected.
Lexpert 29 Aug 2017, 16:19
+3 -0
Congrats, Ajay and team! While Ajay did set up LKS' corporate team a few years ago, it would not be proper to call this a 'breakaway'..
guest2 30 Aug 2017, 07:21
+0 -0
Congratulations, Vineetha and team!!
Go Joe 30 Aug 2017, 15:00
+0 -0
Congratulations Ajay and team!
Wellwisher 31 Aug 2017, 13:15
+4 -0
This is incorrect and not fair to term Veyrah as a LKS breakaway. One partner (who incidently set out LKS’ mumbai Corp practice) leaving to set up his own firm doesn’t deserve to share random credit with Lakshmisri. What next, will you term Veyrah as AMSS/Khaitan breakaway since Ajay worked there for many years??
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