Archroma Acquires BASF's Textile Chemicals Business
Archroma, a world-leading supplier of products and solutions to the textile, paper, adhesives, and coating industries and portfolio company of SK Capital Partners, has agreed to acquire the global textile chemical business of the German chemical company BASF. The transaction is subject to approval by the relevant antitrust authorities.
Bär & Karrer acted as legal advisor to Archroma. The team included Markus Wang (IP), Christoph Neeracher, Luca Jagmetti (both M&A) as well as Till Spillmann (Finance/M&A). Willkie Farr & Gallagher LLP, Frankfurt (acted as German counsel to Archroma. The Willkie team was led by Mario Schmidt (M&A/Private Equity) and included the partners Dr. Patrick Meiisel (Tax), Dr. Christian Rolf (HR) and Rolf Hünermann (Compliance/Antitrust) and the associates Dr. Maximilian Schwab (Corporate), Dr. Stephanie Schmidt-Ehemann (Corporate), Wolfgang Münchow (Corporate), Jochen Riechwald (HR), Dr. Axel Wahl (Corporate), Jörg Walzer (Tax), Patrick Wacker (Corporate) and Dr. Jan Claudio Munoz (Corporate).