Noerr advises AEQUITA on acquisition of olefins & polyolefins plants from chemicals group LyondellBasell

A Noerr team led by Christoph Thiermann acting as international lead counsel has advised AEQUITA on entering into an agreement and on exclusive negotiations to acquire four European olefins & polyolefins assets from the chemicals group LyondellBasell. The four plants, located in Germany, France, the UK and Spain, generate around €2.5 billion in revenues with more than 1,700 employees.

Noerr regularly advises AEQUITA, mostly recently on the acquisition of KTX from Nifco and the acquisition of Bosch’s Brake Components division.

AEQUITA SE is a global industrial group headquartered in Munich, Germany, which invests in special situations such as carve-outs, succession arrangements and transformations throughout Europe. The current portfolio generates over €3.5 billion in revenues with more than 17,000 employees.

Advisors to AEQUITA SE & Co. KGaA: Noerr Partnerschaftsgesellschaft mbB

Team lead: Christoph Thiermann (partner, Private Equity, Munich)

Private Equity: Daniel Prexler (associated partner, Munich), Teresa Seibold (associate, Munich)

Employment & Pensions: Caroline Berger (senior associate, Munich)

Digital Business: Patrick Neidinger (associated partner, Munich)

IP: Christoph Rieken (partner, Munich), Valentina Nieß (associated partner, Munich)

Regulatory: Fabian Badtke (partner, Frankfurt), Sarah Blazek (partner, Munich), Christian Mayer (partner, Munich), Sven Betzendörfer (senior associate, Brussels), Stefanie Gschossmann (senior associate, Munich), Laura Habermann (associate, Munich)

Commercial: Felix Muhl (partner, Hamburg), Kevin-Roni Deger (senior associate, Hamburg)

Local counsel: Macfarlanes (UK), Jeantet (FR), Houthoff (NL), Pérez-Llorca (ES)