Thursday, November 21, 2024
HomeLaw firmsDeals and TransactionsHSA Advocates Advises KARAM in Acquisition of HSE Solutions South Africa Assets

HSA Advocates Advises KARAM in Acquisition of HSE Solutions South Africa Assets

HSA Advocates acted as legal counsel in KARAM’s acquisition of specified assets from HSE Solutions South Africa, a division of the Sturrock and Robson Group, a leading player in South Africa’s safety equipment industry

The transaction involved comprehensive review, negotiation, and finalization of various documents, including the asset purchase agreement. This agreement covered the acquisition of specific assets such as stock and inventory, the transition of employees, transfer of intellectual property, proprietary information, and the rights to use HSE brand names. HSA Advocates also provided strategic advice on deal structuring options.

The team was led by Soumya De Mallik (Partner); with assistance from Prithviraj Chauhan (Principal Associate); and Meghana R (Associate).

KARAM is a prominent international brand in occupational safety, offering a broad range of more than 3500 certified products that comply with various national and international standards. Our safety solutions are exported to over 100 countries worldwide.

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