Dorda and King & Wood Mallesons have advised a fund managed by Pinova Capital and other shareholders of Deurowood Holding GmbH on the sale of Deurowood to Freudenberg Chemical Specialities, a German manufacturer and marketer of specialty chemical products.
According to Dorda, “after the takeover by FCS, the responsible management of Deurowood continues to be in charge of the operative management. Company headquarters will remain in Hard, Vorarlberg.” Deurowood, founded in 2003, is a supplier of additives for the paper impregnation industry and provides special expertise in the application field of engineered wood.
FCS, headquartered in Munich, develops, manufactures, and markets chemical specialties and is a supplier of special lubricants, release agents, and products for chemical surface technology, ranging from chemo-technical products for maintenance and repair to solutions for the refinement of confectionery and other food products.
Dorda’s team included Partner Bernhard Rieder and Attorney Lukas Herrmann.
KWM’s team included Partner Markus Herz and Associate Lorenz Liebsch.
Dorda did not reply to our inquiry on the matter.