ASDA Media & Entertainment Private Limited (“ASDA”), an INDASDA Group entity, 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.
Moshe’s Fine Foods owns and operates a Mediterranean cuisine-focussed chain under the Cafe Moshe brand.
The deal consideration and stake are confidential.
ASDA was advised by Ajay Joseph (Partner, Veyrah Law) and Anshul Pandey (Associate, Veyrah Law). The team assisted the client in structuring the transaction; due diligence; negotiating the transaction agreements; and executing and closing the transaction.