News & Announcements

Weil Advises Nexeo Solutions in its $2B Sale to Univar

Weil is advising Nexeo Solutions, Inc., a leading global chemicals and plastics distributor, in its definitive agreement to be acquired by Univar Inc. The cash and stock transaction is valued at approximately $2 billion, including the assumption of debt and other obligations. The transaction has been unanimously approved by the Boards of Directors of both companies. The transaction is expected to close in the first half of 2019, subject to Nexeo and Univar shareholder approvals, regulatory approvals and other customary closing conditions.

The Weil team advising Nexeo Solutions is led by Mergers & Acquisitions partner Michael Aiello and includes Mergers & Acquisitions partner Sachin Kohli and Mergers & Acquisitions associates Kevin Kitson, Andrea Ryken, Rob Cohen, Stephen Liebscher and Chelsea Berry; Banking & Finance partner Benton Lewis; Capital Markets partner Michael Hickey; Technology & IP Transactions Head Michael Epstein; Tax, Executive Compensation & Benefits Co-Chair Paul Wessel; Environmental Head Annemargaret Connolly; Antitrust/Competition partners Jeffrey Perry and Laura Wilkinson; Real Estate partner Michael Bond; Environmental counsel Matthew Morton; Antitrust/Competition counsel Vadim Brusser; Regulatory counsel Adam Safwat; Banking & Finance associate Jacqueline Diaz; Technology & IP Transactions associates Edric Itchon, Lauren Springer and Phillip Grudzina; Tax associate Alex Farr; Executive Compensation & Benefits associates Daphney Francois and John Kleinjan; and Antitrust/Competition associates Christopher Abbott and Natalie Hayes