Nouryon, a global chemical company, divested its redispersible polymer powders (RPP) business, offered under the Elotex brand, to Celanese Corporation.

Bär & Karrer acted as Swiss legal advisor to Nouryon in this transaction. The team included Daniel Raun, Thomas U. Reutter, Anna Capaul and Fabian Wild (all M&A and Corporate), Markus Schott and Raphael Wyss (both Regulatory), Laura Widmer (Employment) as well as Ruth Bloch-Riemer and Angelica Schwarz (both Pension and Tax).