Scotto Partners advises the management team of Solvay’s barium, strontium and sodium percarbonate businesses in the context of this sale to Latour Capital
Firm Contact
Isabelle Cheradame Tel : +33 (0) 1 83 92 38 38 icheradame@scottopartners.com
Claire Revol-Renié Tel : +33 (0) 1 83 92 38 38 crevol@scottopartners.com
Press Contact
Avocom
Virginie Jubault +33 1 48 24 00 41 v.jubault@avocom.fr
Diane Zeegers +33 1 48 24 60 54 d.zeegers@avocom.fr
Scotto Partners advises the management team of Solvay’s barium, strontium and sodium percarbonate businesses in the context of this sale to Latour Capital
Solvay has reached an agreement with Latour Capital to sell its technical-grade barium and strontium business in Germany, Spain and Mexico as well as its sodium percarbonate business in Germany.
Completion of the transaction remains subject to customary conditions and is expected to take place in the first half of 2021.
Solvay’s barium & strontium and sodium percarbonate businesses have established leading competitive positions and very efficient production processes. The teams’ strong operational know-how together with Latour’s support will enable to deliver an ambitious and sustainable growth strategy, with the right investments in capacities and continuous improvements on ESG matters.
The management team is advised by Scotto Partners, led by Isabelle Cheradame and Claire Revol-Renié (partners), assisted by William Ducrocq-Ferré as to corporate matters, Jérôme Commerçon (partner), assisted by Julien Pardieu and Loïc Pipaud on tax aspects.
Other legal advisors:
- Advisor to Latour Capital: Cleary Gottlieb