Shearman & Sterling Advises LANXESS on Its Acquisition of Chemours’ Clean and Disinfect Specialties Business
Shearman & Sterling is advising specialty chemicals company LANXESS on its acquisition of the Clean and Disinfect business of US-based chemical company Chemours.
Headquartered in Germany, LANXESS is a leading specialty chemicals company with sales of €7.9 billion in 2015 and about 16,200 employees in 29 countries. The company is currently represented at 52 production sites worldwide.
Chemours is a global leader in titanium technologies, fluoroproducts and chemical solutions. Chemours has approximately 8,000 employees across 35 manufacturing sites serving more than 5,000 customers in North America, Latin America, Asia-Pacific and Europe.