Media / News / McDermott Helps Degussa Increase its Lead in the SAP Business

McDermott Helps Degussa Increase its Lead in the SAP Business

BRUSSELS (7 July 2006) - McDermott Will & Emery represented Degussa AG in its acquisition of the superabsorbent polymers (SAP) business of The Dow  Chemical Company, strengthening Degussa’s position as the leading SAP manufacturer in the world.  The Dow SAP business acquired by Degussa includes its manufacturing facility located in Rheinmünster, Germany, worldwide customer contracts and intellectual property rights.

McDermott Will & Emery managed the global merger notification process, which included obtaining approval from the European Commission. The transaction was notified to the European Commission under Article 4(5) as the merger would have required notification in seven Member States.  The transaction was also subject to approval in Brazil and Turkey and was reviewed by the FTC.

The competition team was led by Clive Stanbrook QC (Brussels) and Joel Grosberg (Washington).  Thomas Sauermilch (New York) led the global transaction for Degussa and advised on the corporate aspects of the acquisition. McDermott Will & Emery fielded a multi- disciplinary team out of Brussels, London, Düsseldorf, New York and Chicago.

McDermott Will & Emery

McDermott Will and Emery