Corporate Transactions
‐
Nigel Taylor
‐Partner
Tom Boersma
‐Senior Associate
James French
‐Senior Associate
Lucy Foster
‐Trainee Solicitor
Alex Painting
‐Trainee Solicitor
Michael Ridsdale
‐Partner
Gemma Williams
‐Solicitor
Clare Irvine-Fortescue
‐Associate
Grainne McCourt
‐Legal Director
Hilary Platt
‐Partner
Camilla Wallace
‐Senior Partner
Wedlake Bell has advised the shareholders of European chemical and solvent suppliers, the Solventis Group, on its acquisition by global market leader in chemicals and ingredients distribution, Brenntag.
The firm has acted for the Solventis Group, a family owned company made up of multiple entities, including Solventis, Kilfrost Europe, Antwerp Distillation Company, Solventis Solutions and Solvenox for a number of years including advising on the company’s acquisition of Solvenox, major producers of AdBlue.
Alongside a site in Scunthorpe, Solventis operates a purpose-built facility in the port of Antwerp, Belgium, a major European chemicals hub. This office will give Brenntag a strategic advantage alongside sustainable benefits as more sourcing via ships and barges will now be possible.
This cross-border and cross-practice deal involved teams across corporate, private client, real estate, tax, employment and banking. Wedlake Bell worked closely with a senior team from Deloitte who are the financial advisors to the selling shareholders as well as Saffrey who are the auditors and tax advisors to Solventis. Charles Whiddington of Steptoe advised on regulatory matters and Delsol advised on Belgium law matters.
Wedlake Bell Corporate Partner, Nigel Taylor commented: ” We are delighted to have worked on this complex cross border deal as lead legal counsel to the selling shareholders, which perfectly demonstrates the breadth and depth of Wedlake Bell’s corporate capability on large deals in the mid-market. It also illustrates the full service nature of Wedlake Bell with the range of services that we were able to offer Solventis. Solventis is a long time client who we were extremely pleased to have achieved such a good result for.”
Corporate partner, Nigel Taylor led a multi-disciplinary team assisted by senior associate Tom Boersma, associate James French and trainee solicitors Lucy Foster and Alex Painting. Partner Mike Ridsdale and solicitor Gemma Williams provided corporate tax advice whilst associate Claire Irvine-Fontescue assisted from an employment perspective, legal director Grainne McCourt dealt with the real estate aspects. Partner Hilary Platt and partner Camilla Wallace advised on banking and private wealth respectively.