E+H advises Solenis with respect to matters of Austrian law on its acquisition of Diversey Holdings, Ltd. (“Diversey”) (NASDAQ: DSEY). Pursuant to the signed merger agreement, Solenis will acquire Diversey in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. The merger is expected to be completed in the second half of 2023, subject to the satisfaction of customary closing conditions. Upon completion of the “go private” transaction, Diversey will become a private company.
Solenis, a portfolio company of investment firm Platinum Equity, is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries. Diversey is a leading global provider of hygiene, infection prevention and cleaning solutions with subsidiaries worldwide, including in Austria.
Gibson, Dunn & Crutcher LLP acts as lead legal counsel to Solenis. E+H advises Solenis as Austrian counsel with a team led by Dominik Juster.
Lead: Dominik Juster (Partner, Corporate + M&A)
E+H is an international commercial law firm with offices in Vienna, Graz, Klagenfurt, and Brussels that takes legal advice to the next level. The firm regularly receives awards and top spots in international rankings and directories, such as Chambers & Partners Global & Europe, Legal 500, JUVE, and Mergermarket.
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Last update: 16 March 2023