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Private equity firm Vertices Partners takes action in joint venture between Baba Advance Materials and J & Materials Company

Baba Advance Materials Limited, an affiliated company to Acutaas Chemicals Limited, has collaborated with the South Korean firm J & Materials Co to establish Indichem Inc. as a joint venture.

Investment firm Vertices Partners takes action in joint venture between Baba Advance Materials and...
Investment firm Vertices Partners takes action in joint venture between Baba Advance Materials and J & Materials Co.

Private equity firm Vertices Partners takes action in joint venture between Baba Advance Materials and J & Materials Company

In a significant move, Baba Advance Materials Limited, a Surat-based company specialising in the production of other non-metallic mineral products, has entered into a joint venture with South Korea's J & Materials Co. The legal advisory firm, Vertices Partners, played a key role in advising Baba Advance Materials on this collaboration.

The resulting company from this joint venture is Indichem Inc., but specific operational or financial details about the joint venture are not disclosed in the available information.

Vertices Partners, led by Senior Partner Amit Manubarwala and Associate Manager Nisha Dharod, advised Baba Advance Materials on this venture. Partner Vishal Mehta from Vertices Partners was also part of the team. Founder and Managing Partner Vinayak Burman provided strategic inputs for the joint venture.

It is worth noting that Baba Advance Materials shall hold 75% of the share capital of the joint venture company, with the remaining 25% held by J & Materials Co.

For more comprehensive details about the investment amounts, product focus, scope, or strategic goals of the joint venture, consulting official company disclosures or press releases from Baba Advance Materials or J & Materials Co would be recommended.

The joint venture between Baba Advance Materials and South Korea's J & Materials Co, advised by Vertices Partners, has resulted in the establishment of Indichem Inc. Baba Advance Materials will hold 75% of the share capital, while J & Materials Co will hold the remaining 25%. However, specific financial details about the joint venture remain undisclosed. To gain further insights into the investment amounts, product focus, scope, or strategic goals, one should consult official company disclosures or press releases from Baba Advance Materials or J & Materials Co.

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