Proskauer, Kirkland Lead French Chemical Maker's $570M Buy
By Darcy Reddan (May 16, 2019, 5:29 PM EDT) -- French chemical maker Arkema said Thursday it has agreed to buy private equity-backed additive manufacturer ArrMaz for $570 million in a deal guided by Proskauer Rose, Kirkland & Ellis and Nob Hill Law Group that will build out the company's offerings for crop nutrition, mining and infrastructure.
Arkema said it will buy ArrMaz from California-based Golden Gate Capital and integrate it with the performance additives segment of its high-performance materials division. ArrMaz develops specialty surfactants that are used in cleaning, wetting, dispersing and emulsifying, and as anti-foaming agents; they have various applications.
"We are excited to join forces with Arkema after a...
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