News
Freshfields advises LANXESS on purchase of IFF's microbial control business
Freshfields has advised LANXESS on its agreement with International Flavors & Fragrances (IFF) to purchase IFF’s Microbial Control business unit for $1.3bn. LANXESS is a leading specialty chemicals company that develops, manufactures and markets chemical intermediates, additives, specialty chemicals and plastics.
More information can be found here.
The Freshfields team was led by M&A partner Paul Humphreys and M&A associates Maximilian Lasson, Christoph Becherer, Sandra Jung, Iantha Stewart and Catherine Morgan and counsel Judit Gajdics. Employee compensation and benefits advice was provided by partners Maj Vaseghi and Ulrich Sittard and associates Jeffrey Anand and Eva-Maria Schwarzer. IP/IT and commercial contracts advice was provided by partners Jochen Dieselhorst and Theresa Ehlen and associates Marius Scherb, Maximilian Zellerhoff and Philipp Simon. Tax advice was provided by partners David Beutel and Robert Scarborough, and associates Martin Rehberg and Brendan Counihan. Antitrust advice is being provided by partners Helmut Bergmann and Mary Lehner and associates Mariusz Motyka-Mojkowski, Mariya Serafimova, Laura Onken and Ilana Kattan. Regulatory advice was provided by counsel Sascha Arnold and associates Lukas Pomaroli and Katharina Reinhardt. Real estate advice was provided by partner Gerrit Beckhaus and associate Laura Druckenbrodt. Data protection advice was provided by partner Christoph Werkmeister and associates Tibor Szigetvári and Arne Brest. Partner Michael Josenhans and associates Alexander Pospisil, Dennis Chinnow and Matthis Grenzer provided advice on bridge financing.
The LANXESS in-house legal team was led by Holger Düchting (corporate) and Christina Trebing (antitrust).
ENDS
Freshfields Bruckhaus Deringer LLP
Freshfields Bruckhaus Deringer LLP is a global elite law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on groundbreaking and business-critical mandates. Our 2,800-plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multinational expertise, and business know-how means our clients rely on us when it matters most.
Freshfields is ranked by Chambers Global in Band 1 across the six areas of antitrust, corporate/M&A, litigation, international arbitration, tax, and public international law. For more information visit Freshfields.us.
This material is for general information only and is not intended to provide legal advice. Prior results do not guarantee a similar outcome.