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Advising Johnson Matthey Plc on the multijurisdictional sale to EV Metals Group

  • United Kingdom
  • Corporate - Deal alert

30-05-2022

We have advised Johnson Matthey Plc, a global leader in sustainable technologies, on the multijurisdictional sale of part of its Battery Materials business to EV Metals Group, a global battery chemicals and technology business.  The sale includes Johnson Matthey's assets at the Battery Technology Centre in Oxford & Battery Technology Centre and pilot plant in Billingham, a research centre in Moosburg, Germany and the partly constructed site in Konin, Poland.
 
Jubilee Easo, an M&A Partner in Eversheds Sutherland’s Global Energy Group, led a multidisciplinary team, advising on and coordinating the legal aspects of the transaction including the sale documentation, employee consultation requirements, intellectual property matters and regulatory considerations.  The transaction is expected to complete in Summer 2022.
 
Jubilee Easo commented: “We are delighted to have advised Johnson Matthey on this important strategic disposal and to have had the opportunity to work closely with the in-house legal team led by Luci Ingram and Gabriela Formica and other key stakeholders across the Johnson Matthey group. This is an important divestment for our client and allows them to focus on their core portfolio and their desire to help accelerate societal progress towards net zero.”