September 28, 2015
Weil is advising American Securities LLC and Arizona Chemical Holdings Corporation (Arizona Chemical) in the $1.37 billion sale of Arizona Chemical to Kraton Performance Polymers, Inc. Arizona Chemical is a global producer of high-value performance products and specialty chemicals derived from non-hydrocarbon, renewable raw materials, which complements Kraton in markets such as adhesives, roads and construction, coatings and oilfield chemicals. The acquisition is subject to customary approvals and closing conditions.
Weil advised American Securities in its acquisition of a majority stake in Arizona Chemical in 2010. Over the past 12 months, Weil has advised American Securities in several prominent transactions, including its acquisition of Royal Adhesives and Sealants LLC, recapitalization of Aspen Dental Management Inc., initial public offering of Metaldyne Performance Group Inc. and sale of Presidio Inc., among others.
The team advising American Securities included Banking & Finance partner Andrew Colao; Capital Markets partner Heather Emmel; Antitrust partner Laura Wilkinson; Environmental head Annemargaret Connolly; Technology & IP Transactions head Michael Epstein; Tax partner Mark Hoenig; Antitrust counsel Vadim Brusser; Employment Litigation counsel Ivor Gwilliams; Environmental counsel Matthew Morton; Executive Compensation & Benefits counsel Steven Margolis; Private Equity associates Ryan Taylor, Andrew Silver, Rich Mullen and Kevin Kitson; Banking & Finance associates Suhan Shim and Young Lee; Capital Markets associate Faiza Rahman; Antitrust associate Alexis Brown-Reilly; Employment Litigation associates Simon Gorham and Celine Chan; Technology & IP Transactions associate Mary Lentowski; Real Estate associate Jannelle Seales; Tax associate Joey Juhn; Regulatory associate Timothy Welch; and Executive Compensation & Benefits associate Zahava Blumenthal.