Buse Heberer Fromm advises Synthomer on acquisition from BASF

Pischelsdorf, Austria. Buse Heberer Fromm advised Synthomer plc in an international transaction on the acquisition of the production site for Styrene Butadiene-based paper dispersions located in Pischelsdorf, Austria, by Synthomer Austria GmbH, a subsidiary of British specialty chemicals company Synthomer plc., together with Schönherr Rechtsanwälte GmbH (Vienna).

The agreed purchase price amounts to EUR 30 million; the 42 employees who work at the Pischelsdorf site have been taken on by Synthomer Austria GmbH.

Synthomer is a leading supplier of dispersions and special polymers. These products are used in various key industries such as coatings, construction, textiles, paper and synthetic latex gloves. Synthomer has its operational headquarters in London. With revenues of more than EUR 1.2 billion, it employs 2800 employees across more than 25 sites worldwide.

Advisers Synthomer:
Buse Heberer Fromm: Lars Roßner (Lead), Dr. Mathias Maria Knorr, Dr. Christian Preetz, Dr. Gösta Schindler, Jasper Hagenberg, Dr. Erbo Heinrich, Kristina Plenty
Schönherr: Volker Weiss, Maximilian Lang
Inhouse: Tim Richards, Kiara Rodaro
Anti-Trust Counsel: Herbert Smith Freehills

Advisers BASF:
Inhouse: Dr. Christian Folter

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