Pressmeddelande -
Delphi has advised Johnson Matthey in the acquisition of Formox AB
Delphi has advised Johnson Matthey on the acquisition of Formox AB (Formox) from Perstorp Specialty Chemicals AB, a company owned by PAI Partners.
Formox is a leading global provider of catalysts, plant designs and licenses for the manufacture of formaldehyde, an important chemical intermediate and had sales of SEK 492 million (£50.1 million) in 2012. It has developed a market leading range of novel metal oxide based catalysts for the production of formaldehyde from methanol.
Formox’s technologies complement Johnson Matthey’s existing strengths in process catalysts and in plant design and licensing. The acquisition enhances Johnson Matthey’s position as a leading supplier of technology for a range of syngas and other chemical processes. Formox will be integrated into Johnson Matthey’s Process Technologies business.
Delphi’s team was led by partners Magnus Björkander and Per Berglöf and they have mainly been assisted by Emma Dansbo, Michael Juhlin, Erica Nobel and Johan Hübner. In addition, a number of lawyers within the firm have assisted in the due diligence phase as well as regarding specialist issues that have arisen during the transaction.
Contact:
Magnus Björkander
Partner/Advokat
Delphi
Ph. +46 709 25 25 96
email: magnus.bjorkander@delphi.se
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Delphi is one of the foremost commercial law firms in Sweden. We help our clients with mergers and acquisitions. We advise them on matters of banking, finance and capital markets. We litigate at court and in arbitration and are acknowledged as being extremely competent in public procurement and environmental law.
Many of us are specialists in high-tech fields such as IT, intellectual property and life science. Our drive and our interest in technology and business probably explain, in part, our success. We are often praised for our commercial sense and our ability to understand the client’s business.
Our clients are to be found primarily in Scandinavia, Europe and North America. But we also co-operate with law firms globally and regularly assist clients on international matters. We have a total workforce of 190, of which 140 are lawyers. We have offices in Stockholm, Göteborg, Malmö, Linköping and Norrköping.
