News and developments
Acquisition of 100% stake by EBP Global AG in Sustainable Technosolutions for Environmental Protection Private Limited (“STEP”)
DSK Legal advised and assisted EBP Global AG (Purchaser) and promoters of STEP (Sellers) as a transaction counsel in relation to transfer of 100% shareholding of STEP (referred to as the “Transaction”).
EBP Global AG is a consultancy firm that focuses and specialises in retail, omni-channel environments, supply chain, operations, sourcing and logistics offers an unparalleled ability to serve a wide range of industries.
STEP focuses on and specializes in high-end consulting services within the environmental and sustainability sector. STEP offers a range of solutions, including waste treatment, resource conservation, sustainability, environmental, social and governance (ESG), environment due diligence, site assessment studies and capacity development programs to diverse industry sectors.
DSK Legal was, inter alia, involved in (i) legal due diligence of STEP; (ii) drafting, reviewing, negotiating and revising the share purchase agreement with respect to transfer of shares of STEP; (iii) advising on the completion of conditions precedent and providing legal assistance with respect to the formalities and requirements to be fulfilled for the closing of the Transaction; and (iv) advising in requisite filings required to be made under the applicable laws.
The DSK Legal team comprised of Mr. Ajay Shaw (Partner), Mr. Gaurav Mistry (Partner), Ms. Akanksha Tiwary (Associate Partner), Ms. Priyashi Chhajer (Associate) and Ms. Nidhi Chokshi (Associate).