Latham & Watkins Advises Archroma on Acquisition of Textile Effects From Huntsman Corporation
Archroma, a global leader in sustainable specialty chemicals and solutions and a portfolio company of US-based private investment firm SK Capital Partners, announced it has entered into a definitive agreement to acquire the Textile Effects business from Huntsman Corporation. The combined company will continue to lead the textile industry in sustainability, innovation, and performance offering fashion brands, automotive, technical, and home textiles the best-in-class cost performance while respecting natural resources and the planet.
Latham & Watkins LLP represented Archroma in the transaction with a corporate deal team led by Washington, D.C. partners Nick Luongo and David Dantzic and Washington, D.C. counsel Elizabeth More, with associates Brad Guest, Cal Mark, Taylor Allison, and Patrick Loeffler. Advice was also provided on tax matters by Washington, D.C. partner Andrea Ramezan-Jackson, with associate Pierce Pandolph; on benefits & compensation matters by Washington, D.C. partner Matthew Conway, with associates Ashlie Lawton, Victoria Wolfe, and Bryce Williamson; on intellectual property matters by Washington, D.C. partner Morgan Brubaker, with associates Pelin Serpin, Zachary Shufro, and Daphne Lambadariou; on data privacy matters by Washington, D.C. partner Tony Kim, with associates Jimmy Smith, Wolf-Tassilo Böhm, Jonas Kraus, and Sanjana Parikh; on antitrust matters by Bay Area partner Joshua Holian and Brussels counsel Tomas Nilsson and Philipp Studt, with associates Laia Marco, Marcello Prota, Ben Isaacs, Lauren Sun, and Susanna Dittrich Ingunza; on anti-corruption matters by London partner Nathan Seltzer, with associate Christopher Ting; on export control matters by Washington, D.C. counsel Ruchi Gill, with associate Chris Caulder; on environment, health & safety matters by Washington, D.C. partners James Barrett and Julia Hatcher, London partner Paul Davies, New York partner Kegan Brown, and London counsel Michael Green, with associates Phil Sandick, James Bee, and Andrew Landolfi; on real estate matters by New York partner Dara Denberg and San Diego counsel Aaron Friberg, with associate Tim Wilt; and on investment funds matters by New York partner David Sherman.