IFLR1000

Blackstone Group €1 billion acquisition of Acetow from Solvay

7/12/2016
Private acquisition
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€ 1 billion

$ 1.060 billion

Completed

7/12/2016

Overview:

  • Belgian chemicals group Solvay sold Acetow to the Blackstone Group for a total consideration of €1 billion.
  • Acetow makes substances for cigarette filter producers.

Jon Moore - Journalist

Jurisdiction:

Belgium

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Belgium

Firms:
Freshfields Bruckhaus Deringer

Party: Solvay (Seller)

Lawyer: Olivier Rogivue

Simpson Thacher & Bartlett

Party: The Blackstone Group (Acquirer)

Lawyer: Clare Gaskell

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