Khaitan & Co advised Zydus Wellness Limited on acquisition of Comfort Click Limited (UK)
Khaitan & Co advised Zydus Wellness Limited on the acquisition of Comfort Click Limited, United Kingdom, including transaction structuring and documentation, with assistance from Bird & Bird, United Kingdom.
Alidac UK Limited, a wholly owned subsidiary of Zydus Wellness, executed a share purchase agreement (SPA) with the sellers for purchase of 100% outstanding ordinary shares of Class A and Class B, 71.43% of non-controlling ordinary shares of Class C, and 66.67% of non-controlling ordinary shares of Class D of Comfort Click Limited (CCL) for a total consideration of GBP 239 million plus the agreed profit ticker from the date of Lock Box (i.e., 31 March 2025) till the date of closing (i.e., 29 August 2025), subject to customary adjustments under the SPA.
The transaction was led by Bhavik Narsana (Partner), Shweta Dwivedi (Consultant), Pragya Mishra (Associate), and Kamayani Mittal (Associate), along with the Zydus legal team led by Mukund Thakkar (Senior Vice President – Legal), Kalpit Lodha (General Manager), Randall Williams (Deputy Manager), and Mehul Chauhan (Legal).
On competition aspects, the team comprised Anshuman Sakle (Partner) and Ritika Ghosh (Associate).
On legal due diligence, the team included Bhavik Narsana (Partner), Shweta Dwivedi (Consultant), Snehal Raut (Senior Associate), and Pragya Mishra (Associate).
On employment due diligence, the team comprised Deepak Kumar (Partner) and Archika Dudhwewala (Principal Associate).
On intellectual property due diligence, the team included Nishad Nadkarni (Partner) and Riya Karkera (Associate).
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