Serafin Group’s Acquisition of Covestro AG’s European Polycarbonate Sheet Business


Hogan Lovells advised Covestro AG on the sale of the polycarbonate sheet business in Germany, Belgium and Italy to Serafin group.

The DAX company divested the mentioned business by way of a combined share and asset deal.

Covestro is one of the world’s largest polymer companies. The business focus is on the production of high-tech polymer materials and the development of innovative solutions for products that are used in many areas of everyday life.

Hogan Lovells advised Covestro AG with an international team composed of Jens Uhlendorf (Picture), Dr. Johannes Lau (Senior Associate, Corporate/M&A); Dr. Marcus Schreibauer (Partner), Sarah-Lena Kreutzmann (Senior Associate, Intellectual Property and Information Technology); Dr. Heiko Gemmel (Partner), Anne de Kiff (Senior Associate, Tax and Accounting); Dr. Martin Sura (Partner), Sebastian Faust (Senior Associate, Antitrust); Dr. Tim Gero Joppich (Partner, Employment) in Dusseldorf and Luca Picone (Partner/M&A) in Milan.

Involved fees earner: Anne-Svenja de Kiff – Hogan Lovells; Sebastian Faust – Hogan Lovells; Heiko Gemmel – Hogan Lovells; Tim Gero Joppich – Hogan Lovells; Sarah-Lena Kreutzmann – Hogan Lovells; Johannes Lau – Hogan Lovells; Luca Picone – Hogan Lovells; Marcus Schreibauer – Hogan Lovells; Martin Sura – Hogan Lovells; Jens Uhlendorf – Hogan Lovells;

Law Firms: Hogan Lovells;

Clients: Covestro AG;