Gleiss Lutz advises Arakawa on the sale of its raw material production assets to Synthomer

Gleiss Lutz has advised Arakawa GmbH, a subsidiary of Japanese listed Arakawa Chemical Industries Ltd., on the sale of its raw material production assets to Synthomer PLC. 

The sale includes certain raw material production assets which will be managed under contract at the Dow ValuePark in Boehlen, Germany. 

Arakawa Chemical Industries Ltd., headquartered in Osaka, was founded 1876. Arakawa Europe GmbH, founded in 1998, sells high quality hydrogenated hydrocarbon resins under the ARKON trademark. The Arakawa Chemical Industries group provides high quality and environmentally friendly chemical products that are used in the manufacture of adhesives, sealants, printing inks, paints, plastics, coatings, rubber, paper, electronics and other products.

Synthomer PLC is a world-leading supplier of high-performance, highly specialised chemicals that are applied across key industries such as coatings, construction, adhesives, and healthcare. Headquartered in London, Synthomer employs 4,400 employees across nearly 40 locations worldwide.

The following Gleiss Lutz Team led by Dr. Michael Burian (partner) and Dr. Julia Müller (both M&A, Frankfurt) has advised Arakawa on the transaction: 

Alexandra Brücher (Stuttgart), Lukas Glocker (Frankfurt), Shari Heger (all M&A, London), Dr. Ocka Stumm (partner, Tax, Frankfurt), Dr. Jonas Rybarz (of counsel, Berlin), Lesley Milde (both Real Estate, Hamburg), Dr. Alexander Fritzsche (partner), Jennifer Otten (both Competition/Antitrust, both Frankfurt), Jan Hinrichs (IP/Tech, Berlin), Dr. Jacob von Andreae (partner), Dr. Lars Kindler (counsel), Lennart Förster (all Public Law/Foreign Trade Law, all Düsseldorf).