Japanese firm Tosoh Corporation has acquired Mumbai-based in-vitro diagnostics firm Lilac Medicare for an undisclosed amount..Rajani, Singhania & Partners acted as Indian legal counsel for Tosoh Corporation while Nagashima Ohno & Tsunematsu acted as Japanese counsel..The RSP team was led by Partner Reena Grover along with Tejasvini Shirodkar, Ankur Singhania, Pearl Boga..J. Sagar Associates acted for Lilac with a team led by Partner Sidharrth Shankar..Lilac Medicare, which has 135 employees, manufactures and supplies clinical diagnostic equipment and reagents, will now become part of Tosoh group..Image taken from here.
