Represented and advised Cotonificio Honegger S.P.A. in divesting its entire stake in ‘Raymond Luxury Cottons Limited’

Luthra and Luthra Law Offices India represented and advised Cotonificio Honegger S.p.A., Italy (“Cotonificio”), in divesting its entire stake in ‘Raymond Luxury Cottons Limited’, a joint venture with Raymond Limited. The joint venture is in the business of high-value cotton shirting and has manufacturing facilities in Kolhapur and Amravati in Maharashtra.

The transaction was jointly led by Sanjay Kumar (Litigation Partner) and Harish Kumar (Corporate Partner). They were ably assisted by Managing Associates – Abhishek K. Singh, Itee Singhal and Associate – Nupur Gupta.