JSA acted as Indian legal counsel to Adroit USA Inc., its wholly owned subsidiary – AUSA Medical Devices Private Limited and their promoters, in connection with the 100% sale of Adroit USA Inc. and AUSA Medical Devices Private Limited to Medical Device, Inc. (an entity set up by Arterex for the purposes of the acquisition).
Arterex is a leading global medical device developer and contract manufacturer. Adroit USA Inc. provides custom, value added, turnkey solutions to the medical device industry and offers solutions to businesses of all sizes, from startups to Fortune 500 companies. The company has two ISO 13485-certified facilities in Bangalore, India, that provide various capabilities for complete medical device manufacturing.
Our transaction team comprised, Lead Partner – Sidharrth Shankar, Partner – Nandini Seth, Principal Associate – Aditya Vardhan Dayal, Senior Associate – Rupaly Middha, and Associate – Pranav Rao N.
Our taxation team comprised, Partner and Head of Practice, Direct Tax – Kumarmanglam Vijay, Partner and Head of Practice, Indirect Tax – Manish Mishra, Partner – Surajkumar Shetty, Of-Counsel – Ankur Mittal, Senior Associate – Divyam Mittal, Associate – Dhwani Vyas, and Principal Consultant – Ruchita Modi.
Our competition team comprised, Partner and Chair, Competition Law – Nisha Kaur Uberoi, Partner – Harshita Parmar, and Principal Associate – Rahat Dhawan.
Kumarmanglam is an equity partner of the firm and also heads the direct tax and regulatory practice at JSA. He has more than 25 years of experience in matters relating to direct taxation (including international taxation, transfer pricing, litigation, anti-avoidance laws, and M&A tax), accounting, and corporate laws including mergers and acquisition, joint ventures, foreign investments, market entry strategy, and corporate restructuring.