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Paul Weiss, K&L Gates Lead $660M Albemarle, Ketjen Deals

By Jade Martinez-Pogue ( October 27, 2025, 12:11 PM EDT) -- K&L Gates LLP-advised Albemarle Corp. on Monday announced that it has agreed to sell a majority stake in Ketjen Corp.'s refining catalyst solutions business to Paul Weiss Rifkind Wharton & Garrison LLP-led private equity shop KPS Capital Partners, and separately announced to sell all of its 50% interest in a joint venture it has with Ketjen to Axens SA in two deals that will provide the company with pre-tax proceeds of around $660 million....

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