About

Renowned for being the largest specialty chemicals company globally, Evonik Industries’ legal team has to deal with correspondingly large projects as a matter of course. Perhaps the most prominent of these was completed in January 2017, which saw the company acquire the specialty additives business of US company Air Products. This deal, which was one of the largest successfully completed that year and valued at $3.8bn was a highly complex arrangement which included it being partially funded by bonds. Getting this intricate deal over the line, which resulted in an increase in the market value of the company, is a testament to the skill and capability of the Evonik legal department.