Morgan Lewis Advises Cormetech on Sale to Johnson Matthey
June 05, 2026NEW YORK, June 5, 2026: Morgan Lewis represented the stockholders of the parent company of Cormetech in its sale to Johnson Matthey. The purchase of Cormetech will be for an enterprise value of $360 million, payable in cash upon completion of the sale following receipt of customary regulatory approvals.
Headquartered in Charlotte, North Carolina, Cormetech manufactures high-quality environmental catalysts, providing catalyst regeneration and engineering services for the power, marine, industrial-process, refinery, and petrochemical markets. Johnson Matthey is a specialty chemicals and technology company that develops and supplies advanced materials, catalysts, and metal-based solutions used by industrial and automotive companies to reduce emissions, improve efficiency, and support cleaner energy production.
Partner Etienne Shanon and associates Eliana Wasser, Sharix Alicea, and Jack Salkowsky advised Cormetech, with partners Sameer Mohan and Dana Anagnostou, associates Rochel Levy and Christopher Miller, and of counsel Kathleen Martin.