LEAP India Private Limited entered into a binding agreement to acquire Chep India Pvt Limited from Brambles Limited (ASX:BXB) for an enterprise value of INR 7.2 billion on November 11, 2024. Cash proceeds from the transaction of INR 6.3 billion will be used by Brambles to reduce outstanding debt. The transaction is expected to be completed by the end of the first quarter of 2025.

Vijay Cugati, Grace Stals, Tom Alchin, Jessica Mottau, and Miriam Stiel of Allens acted as legal advisors for Brambles Limited. J. Sagar Associates acted as the legal advisor for Brambles Limited.