Transaction

Clearwater advises Degussa on sale of its bleaching and water chemicals persulphate activities to RheinPerChemie

Transaction

Degussa AG sold its bleaching and water chemicals persulphate activities to RheinPerChemie GmbH

Sell-side

Undisclosed

Role

Adviser to Degussa AG on its sale of its bleaching and water chemicals persulphate activities to RheinPerChemie GmbH

Sector

Industrial & Chemicals

Region

Germany

Clearwater acted as sole financial adviser to Degussa AG on selling, through an asset deal, its bleaching and water chemicals persulphate activities to a subsidiary of the Italian Unionchimica Industriale SpA, RheinPerChemie GmbH.

Degussa AG produces catalysts for the process of polymerization of chemicals (plastic) at Europe's second largest persulphate plant in Rheinfelden, Germany.

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Advisers

Transactions