McDermott Leads Major Transaction Earning Two “Deal Of The Year” Awards - McDermott Will & Emery

McDermott Leads Major Transaction Earning Two “Deal Of The Year” Awards

Overview


International law firm McDermott Will & Emery announced its selection for two categories in M&A Advisor’s 19th Annual M&A Advisor Awards: “Materials Deal of the Year ($500 million to 1 billion)” and “Cross-Border Deal of the Year ($500 million to 1 billion).” This achievement is a result of the Firm’s representation of Evonik Industries AG (XETRA: EVK), one of the world’s leading specialty chemical companies, in its $640 million acquisition of US-based PeroxyChem, a leading producer of hydrogen peroxide, peracetic acid and persulfates with a strong specialty focus. The merger agreement was entered into in November 2018 and closed in February 2020.

“We are honored to receive these awards which are a testament to our close collaboration with the Evonik M&A team,” said Thomas Sauermilch, who served as the lead McDermott lawyer on the transaction.

The McDermott team partnered with the Evonik team led by Head of M&A Dr. Melanie Flessner and consisting of Thomas Mahlstedt, senior vice president M&A, Lars Kersebaum and Florian Grimm, both legal counsel M&A. The McDermott team advising Evonik was led by Thomas Sauermilch and included Meir Lewittes, Nicole Yoon, and Ana Koff. A Freshfields team led the antitrust effort for Evonik.

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McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

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