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JPM Advises on Serbian Aspects of BASF's Sale of Construction Chemicals Business

JPM Advises on Serbian Aspects of BASF's Sale of Construction Chemicals Business

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Jankovic Popovic Mitic has advised BASF on the sale of its Construction Chemicals business in Serbia to an affiliate of private equity firm Lone Star. 

According to JPM, BASF and an affiliate of Lone Star signed an agreement in 2019 for the acquisition of BASF’s Construction Chemicals business worldwide. With around 7,500 employees, the Construction Chemicals business operates in more than 60 countries, including Serbia.

The Serbian part of the transaction closed on November 30, 2020.

JPM’s team was led by Partner Jelena Stankovic Lukic.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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