Cyril Amarchand Mangaldas Advises Vixar on Share Acquisition in The Belgian Waffle Co.

Cyril Amarchand Mangaldas advised Vixar on its acquisition of a shareholding in Bloombay Enterprises Private Limited, which operates The Belgian Waffle Co., one of India’s leading dessert-focused QSR brands with over 700 outlets across 250 cities.

CAM advisory Vixar Acquisition The Belgian Waffle Co.

Cyril Amarchand Mangaldas (“CAM”) advised Vixar on its acquisition of certain shareholding in Bloombay Enterprises Private Limited (“Company”).

The Company operates through its brand name “The Belgian Waffle Co.” and is one of India’s leading western-dessert-focussed quick service restaurants chains, with 700+ stores in 250+ cities. The Company has a wide range of offerings, including waffles, pancakes, and ready-to-eat and easy-to-make products such as waffle crisps, spreads, and pancake & waffle pre-mixes..

The transaction team advising Vixar was led by Sonakshi Arora, Partner, and Megha Krishnamurthi, Partner, with assistance from Surabhi Saboo, Principal Associate, Nilomi Doshi, Senior Associate; Preeti Gurnani, Associate; Yashi Gulecha, Associate; Ryan Joseph, Associate; and Arya Alexander, Associate.

Anchal Dhir, Partner; provided strategic inputs on the transaction.

Sindhushri Badarinath, Partner; with assistance from Krithika Radhakrishnan, Principal Associate, Faiza Khan, Principal Associate; Shivika Gupta, Associate; and Nilavan S, Associate; assisted with employment law related aspects of the transaction.

Arun Prabhu, Partner (Co-Head – Digital | TMT); with assistance from Arpita Sengupta, Principal Associate, Mansi Jain, Associate; and RS Sanjanaa, Associate; assisted with IP and IT related aspects of the transaction.

Avaantika Kakkar, Partner (Head – Competition) assisted on certain diligence aspects.

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