Lakshmikumaran and Sridharan Attorneys (L&S) advised and acted for Fibro India Precision Products Private Limited (Fibro India), a subsidiary of LÄPPLE AG, in the sale and transfer of its rotary table unit business to Fibro Rotary Tables India Private Limited (a newly formed entity of the acquirer), as part of LÄPPLE Group’s global restructuring. The firm played a key role in drafting, reviewing, negotiating, and finalizing the transaction documents.

The corporate team comprising Partner Srabonee Roy along with Associates Hima Swetha A and Sushmita Sharma advised Fibro India on the transaction.

The tax team included Partner Karanjot Singh and Principal Associate Devashish Jain advised on direct tax aspects, and Associate Partner Sudeshna Banerjee along with Senior Associate Neha Dayananda and Associate CA Harneet Kaur advised on the indirect tax aspects of the transaction.

The IP team included Partner Vindhya Srinivasamani and Associate Geethanjali K. V.

Source: Lakshikumaran & Sridharan’s LinkedIn Page