Shearman & Sterling LLP is representing The Dow Chemical Company on the sale of its Calcium Chloride business to a strategic chemical industry buyer for $210 million. The transaction for the Calcium Chloride business will include the calcium chloride assets associated with Dow's Ludington, Michigan operations; Dow-owned calcium chloride terminals; and the nationally-known brands PELADOW™ premium ice-melt, LIQUIDOW™ calcium chloride solution, COMBOTHERM™ blended deicer, BRINER'S CHOICE™ calcium chloride, and DOWFLAKE™ Xtra calcium chloride flake.

The Shearman & Sterling team was led by partners George Casey (New York-Mergers & Acquisitions), Doreen Lilienfeld (New York-Executive Compensation & Employee Benefits), Douglas McFadyen (New York-Tax) and Samuel A. Waxman (New York-Intellectual Property); counsels Daniel Litowitz (New York-Mergers & Acquisitions) and Jason Pratt (Property/Environmental); and associates Rory O'Halloran (New York-Mergers & Acquisitions), Nadir Nurmohamed (New York-Mergers & Acquisitions), Christopher Lanzalotto (New York-Mergers & Acquisitions), Todd Burski (New York-Mergers & Acquisitions), Jordan J. Altman (New York-Intellectual Property), Adam Kaminski (New York-Executive Compensation & Employee Benefits), Doug Jones (New York-Tax), Seth Kerschner (New York-Property/Environmental), Gregory Milne (New York-Property), Joanne Lynch (New York-Property), Michael Cordera (New York-Finance Group) and Emeka C. Chinwuba (New York-Finance Group).

View additional information from the Dow Chemical News Center

For additional information, contact Ron Brandsdorfer at 212-848-5081 / ron.brandsdorfer@shearman.com