Luthra advises OTS Consulting Services on its divestiture of a business division to ChampionX

OTS Consulting Services LLP has completed the sale of one of its business divisions to ChampionX Corporation, a publicly listed entity on NASDAQ based in the United States.

ChampionX acquired the business division through its subsidiary in India, OTS Energy India Private Limited.

Luthra and Luthra Law Offices India acted for OTS Consulting Services on this transaction.

The team handling the transaction included Vasudev Dibbur (Partner), Sai Meghana Konda (Associate), and Kamiya Gupta (Associate).

Rubal Bansal (Partner) offered counsel on tax-related issues.

OTS Consulting Services LLP is a technology consulting firm operating in the IoT space and headquartered in Mysuru, Karnataka.

 

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