Redcliffe Partners has advised Stahl Lux 2 S.A. on its successful application for merger clearance from the Antimonopoly Committee of Ukraine for its acquisition of the leather chemicals business of BASF SE.
In the underlying acquisition, BASF receives a 16% minority stake in the Stahl Group, and Stahl will take over BASF’s global leather chemicals business – with approximately 210 employees globally – which offers leather chemicals for a broad range of industries such as automotive, apparel & accessories, home interior, and leisure & lifestyle.
Redcliffe’s team working on merger approval process consisted of Counsel Anastasia Usova and Junior Associate Kateryna Chumak.
