EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
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EY India acted as the exclusive sell-side M&A advisor to Anthea Aromatics and its shareholders
Successfully advised Anthea Aromatics Private Ltd (Anthea) and its shareholders in an approximately US$125 million transaction with Piramal-Bain sponsored India Resurgence Fund (IndiaRF) resulting in IndiaRF acquiring a significant majority stake in Anthea.
EY has delivered a successful transaction to ICICI Venture and the Promoters despite the significant challenges and complexities during the transaction. The deal further reinforces EYs strong credentials in the F&F sector, marking our fourth marquee transaction in this space.