Filip & Company law firm assisted Qemetica in obtaining the clearance from the Romanian Competition Council for the acquisition of PPG’s precipitated silicon division. The transaction was valued at approximately 310 million dollars.
The acquisition includes two manufacturing facilities located in the United States and the Netherlands, as well as the lease of other manufacturing and R&D facilities in two US locations. This transaction marks the largest acquisition of its kind by a Polish company in the United States.
“We are glad to have been able to contribute to the closing of this transaction, which marks an important moment not only for Qemetica, but also for the entire chemical industry sector in Central and Eastern Europe. We would especially like to thank our colleagues at Greenberg Traurig and our in-house team for their dedicated efforts, as well as the competition authorities in Romania and other jurisdictions for their constructive cooperation”, says Cătălin Suliman, partner at Filip & Company.
The coordination of the competition matters in Romania was carried out by Cătălin Suliman (partner), Roxana Roșca (senior associate) and Sergiu Păun (associate). The team assisting in this transaction included Greenberg Traurig lawyers based in the US, the Netherlands and Poland.
