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Deal Date: 05-10-2011 Practice Area: Corporate and M&A
Deal Title: INEOS/BASF - Styrolution Joint Venture Industry: Chemicals
Description:
Slaughter and May advised INEOS Industries Holdings Limited (INEOS) on the completion of the 50/50 joint venture with BASF SE to combine their global business activities in styrene monomer, polystyrene, acrylonitrile butadiene styrene, styrene butadiene block copolymers and other styrene based copolymers as well as copolymer blends and compounds. The joint venture is called Styrolution and is expected to generate annual sales of more than EUR5 billion. INEOS is the world's third largest chemicals group and a leading manufacturer of petrochemicals, speciality chemicals and oil products. Commercial: Robert Stern (partner), Sally Wokes (associate), Robert Johal (associate); Competition: Claire Jeffs (partner), Peter Rowland (associate), Daniela Bowry-Blum (associate); Financing: Helen Griffiths (partner), Edmund Peacock (associate), Katherine Pavia (associate); IP: Cathy Connolly (partner), Rebecca Even (associate); Environment: Ed Keeble (partner), Samantha Brady (associate); Pensions and Employment: Charles Cameron (partner), Adam Taylor (associate); Tax: Graham Iversen (partner), Ceinwen Rees (associate).
Financial Center: London Value: 0.00-100.00
Advised Party: Joint Venture Party Law Firm
JV Party Jurisdiction United Kingdom JV Party Jurisdiction Germany
Classification: Joint Ventures Continuing Business Partnership
Lawyer Robert Stern