Clifford Chance has advised AOC on its acquisition of the unsaturated polyester resin manufacturing operations of Spolchemie.
Financial details of the transaction were not disclosed.
Clifford Chance describes AOC as "a supplier of resins and specialty materials that “enable customers to create robust, durable, and versatile products and components."
Spolchemie is a European producer of specialty epoxy resins and systems and other chemical products. Before the sale it had already been making resins for AOC on a contract basis
According to Clifford Chance, “this footprint extension will allow AOC to further improve service and logistics to its customers in Central and Eastern Europe as well as in Germany.”
Clifford Chance’s Prague-based team included Partner Alex Cook, Senior Associate Aneta Disman, and Associates Veronika Kinclova and Tomas Prochazka.