Overview
In May 2026, Caleva Process Solutions Ltd, a specialist designer and manufacturer of laboratory equipment for the pharmaceutical, chemical, and food sectors, completed a complex cross-border disinvestment from its Indian parent company. The transaction was executed through a structured share buyback of 80% of the business, alongside the acquisition of the remaining 20% by a newly incorporated entity (Newco).
Our role
Hybrid Legal acted for Caleva Process Solutions Ltd throughout the transaction. The team, led by Joint Head of Corporate Mike Duggan and supported by Corporate Solicitor, Shelley Stemp and Client Partner Alison Bell, provided comprehensive legal support from structuring and negotiations through to execution and completion.
The transaction required careful coordination across jurisdictions, managing Indian regulatory and bureaucratic processes alongside UK legal requirements. Our role focused on simplifying complex issues, maintaining momentum under tight deadlines, and ensuring alignment between stakeholders with differing priorities and levels of understanding.
We worked closely with the client to deliver clear, commercially grounded advice, while maintaining a calm and structured approach during what was a highly pressured and, at times, uncertain process.
Client feedback
Richard Lovell highlighted the team’s expertise, responsiveness, and collaborative approach throughout a particularly complex transaction. He praised the firm’s ability to manage cross-border challenges and maintain progress under strict time constraints.
Richard commented that Hybrid’s strength lay in its ability to combine technical knowledge with a practical, client-focused mindset. He particularly valued Mike Duggan’s experience with Indian transactions, as well as the team’s patience in guiding multiple stakeholders through complicated legal and regulatory matters.
Client endorsement
“Hybrid Legal provided excellent support throughout a highly complex and time-sensitive transaction involving both UK and overseas elements. The team combined strong technical expertise with a calm, practical and collaborative approach, helping us navigate difficult issues under significant pressure.
Mike, Shelley and the wider team were consistently responsive, knowledgeable and reassuring throughout, and their support was instrumental in helping us complete the transaction within a very tight deadline. Hybrid felt less like an external law firm and more like a trusted partner.”
– Richard Lovell, Caleva Process Solutions Ltd
