Evonik Adds Performance Materials - McDermott Will & Emery

Evonik Adds Performance Materials

Overview


Thomas Sauermilch led the McDermott team advising Germany’s Evonik Industries AG on acquiring the performance materials division of Air Products and Chemicals Inc. (APD) for $3.8 billion. The deal gives Evonik, which has operations in some 100 countries, additional market exposure in North America and Asia.