DSK Legal advised K.R.S. Corporation, Japan on its majority stake acquisition in Coldrush Logistics, involving primary and secondary share purchases.
KRS Corporation Acquires Majority in Coldrush Logistics
DSK Legal has advised K.R.S. Corporation, Japan on its majority stake acquisition in Coldrush Logistics Private Limited. The transaction involved a primary subscription to newly issued shares by Coldrush, coupled with a secondary acquisition of shares from Hydra Commercial Investments LLC, an existing UAE-based shareholder.
The deal marks a strategic expansion of K.R.S. Corporation’s footprint in the Indian logistics and cold chain sector, which has seen increased foreign investment amid regulatory easing and infrastructure growth. The acquisition is expected to enhance Coldrush’s operational capabilities and regional reach.
Anand Desai, Managing Partner at DSK Legal, served as the lead partner, with Abhishek Singh Baghel as the engagement partner. The transaction team included Abhishek Singh Baghel, along with associates specializing in cross-border M&A, foreign investment regulations, and compliance under the Companies Act, 2013, and FEMA. The firm provided end-to-end support, including due diligence, regulatory filings, and transfer structuring.
