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Clifford Chance advises International Chemical Investors Group on acquisition of HCS Group

16 June 2023

Clifford Chance advises International Chemical Investors Group on acquisition of HCS Group

International law firm Clifford Chance advises International Chemical Investors Group (ICIG) on its acquisition of HCS Group, a leading international supplier of solutions for high-value hydrocarbon specialties headquartered in Frankfurt/Main. A definitive agreement for this transaction has been signed between HCS’s shareholders and ICIG. The transaction is expected to close in Q3 2023 and is subject to regulatory clearance as well as the satisfaction of other customary closing conditions.

International Chemical Investors is a privately owned industrial group with sales in excess of €3.6 billion and more than 5,100 employees worldwide.

The Clifford Chance team for ICIG was led by partners Volkmar Bruckner and Mark Aschenbrenner and counsel Samuel Frommelt (all Private Equity, Munich) and included the associates Loreen Kiehl and Maja Johanna Riedrich (both Private Equity, Munich) and associate Kata Éles (Corporate/TechDigital, Frankfurt), partner Dimitri Slobodenjuk and senior associate Arne Gayk (both Antitrust, Düsseldorf), partner Marc Mehlen (Luxembourg) and senior associate Peter Gierl (Munich, both Global Financial Markets), partner Felix Mühlhäuser (Tax, Frankfurt), partner Thomas Voland (Corporate/Regulatory, Düsseldorf), counsel Susanne Werry (Corporate, Frankfurt), partner David Pasewaldt and counsel Gerson Raiser (both Litigation, Frankfurt), partner Stefan Sax and senior associate Joseph Saed (both Restructuring, Frankfurt), partner Stefan Simon (Employment, Frankfurt), counsel Martin Barlösius and associate Marie Karle (both Real Estate, Munich and Düsseldorf) as well as senior associate Nicolas Hohn-Hein (IP, Düsseldorf).