JSA advised UT Pumps & Systems Private Limited (UT Pumps) on the transfer of its pumps business undertaking to the Indian subsidiary of Ingersoll Rand.
UT Pumps is a renowned manufacturer specializing in screw pumps and high-pressure triplex plunger pumps, known for their precision engineering and reliability in various industrial applications.
Ingersoll Rand, a global leader in industrial solutions, offers a comprehensive range of advanced gear pumps that cater to a wide array of industries worldwide. Through its acquisition of UT Pumps’ pump business, Ingersoll Rand significantly expands its product offerings, integrating UT Pumps’ cutting-edge pump technology into its extensive portfolio. This acquisition strengthens Ingersoll Rand’s position in the pump manufacturing sector, enhancing its ability to serve diverse customer needs with innovative, high-performance solutions.
JSA’s Transaction Team was led by Lead Partner Sidharrth Shankar, Partner Prakriti Jaiswal, Principal Associate Anindita Basu, and Associate Eksha Narayan, who played a key role in facilitating the transaction.
JSA’s Tax Team, which supported the deal, was comprised of Partner Manish Mishra, Principal Associate Shikha Parmar, and Associate Shubh Dixit, who provided expert tax advisory and guidance throughout the acquisition process.
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