PHILADELPHIA, February 3, 2015 - Morgan Lewis advised leading diversified chemicals manufacturer FMC Corporation in the $1.64 billion sale of its alkali chemicals division to Tronox Ltd. FMC’s alkali chemicals division is the largest global producer of natural soda ash and related products, which are used in glass manufacturing, water treatment, pulp and paper, textiles, food, pharmaceuticals and cosmetics.
The Morgan Lewis team that advised on the transaction included Corporate and Business Transactions partners Howard Meyers and Benjamin Wills. Labor and Employment partners Joe Ragaglia and David McManus also assisted in the transaction, as did Intellectual Property partner Louis Beardell and Environmental partner Chris Amandes. Support was also provided by Corporate and Business Transactions associates Mike Baxter, Adam Prince, Nathan Tylwalk and Andrew Budreika, as well as Intellectual Property associate Justine Leach.
A press release issued by FMC can be found here.