Eversheds Sutherland has advised chemical company BASF on the sale of its global mining solutions business to SNF.
SNF is a privately held global chemical company headquartered in Andrézieux-Bouthéon, France.
Subject to approval by the relevant merger control authorities and customary closing conditions, the transaction is expected to complete in 2027. Financial terms have not been disclosed.
The Eversheds Sutherland team was led by Matthias Kiesewetter (Partner, M&A and Private Equity) and comprised Nico Frehse (Counsel, M&A and Private Equity), Anette Gärtner (Partner, Commercial Advisory/IP), Maxim Kleine (Partner, Antitrust/ Merger Control), Niklas Schilawa (Counsel, Tax), Daniel von Brevern (Partner, Competition), Jonathan Ennis (Partner, Corporate/M&A), Michelle Stewart (Partner, Real Estate) and Ellen Foley (Associate, Corporate).
The BASF inhouse legal team was led by Fabian Behrens, Division General Counsel - Performance Chemicals.