Global law firm White & Case LLP has advised Synthos on the US$449.4 million acquisition of Trinseo's synthetic rubber business.
The transaction, which was announced on May 21, 2021, includes the acquisition of Trinseo's Germany-based manufacturing and research and development facilities. It will allow Synthos to broaden its product portfolio and extend its geographic footprint, including in Asia-Pacific. The deal is subject to customary closing conditions, including antitrust clearances, and is expected to close towards the end of 2021.
Poland-based Synthos is a European chemical producer and a leading global supplier of synthetic rubber with customers including Michelin, Continental, Bridgestone, Goodyear and Pirelli. Trinseo is a global materials company and manufacturer of plastics, latex binders and synthetic rubber.
The White & Case team that advised on the transaction included local partner Andrzej Sutkowski (Warsaw), counsel Carsten Rodemann (Berlin), local partner Thyl Haßler (Düsseldorf), partners Jörg Kraffel (Berlin), Thomas Burmeister, Tilman Kuhn (both Düsseldorf), Bodo Bender (Frankfurt), Katarzyna Czapracka (Brussels) and Hendrik Röger (Hamburg), counsel Kathrin Ahting (Berlin), local partners Sebastian Stütze (Hamburg), Andreas van den Eikel (Berlin), Thilo Wienke (Düsseldorf) and Tobias Daubert (Frankfurt), associates Iwo Malobecki (Warsaw), Mathias Bogusch, Miriam Wehner (both Frankfurt), Maximilian von Möllendorf, Laura Buchholz, Christian Crohn (all Berlin), Lisa Reichstein, Petra Kistner, Verena Rudolph (all Düsseldorf) and Maciej Gac (Warsaw), and competition advisor Sezin Elcin-Cengiz (Istanbul).
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