PHILADELPHIA, November 13, 2018: Morgan Lewis represented independent petroleum refiner and marketer HollyFrontier Corporation (NYSE: HFC) in its pending acquisition of Sonneborn US Holdings Inc. and Sonneborn Coӧperatief U.A., collectively comprising a specialty products company that is one of the world’s largest dedicated suppliers of white oils, petrolatums, and waxes, for $655 million.
The agreement was announced on November 13, 2018. The transaction is subject to regulatory approval and customary closing conditions and is expected to close in 2019.
Partner Ben Wills and associate Conor Larkin led the Morgan Lewis team advising HollyFrontier Corporation. Associate Robert Powers, partner Greg Hartker, and of counsel Jeffrey Hurwitz provided support. The firm worked closely with HollyFrontier Corporation Senior Vice President and General Counsel Denise McWatters and Assistant General Counsel Vaishali Shah Bhatia.