Draslovka’s $520 Million Acquisition of Chemours Company’s Mining Solutions

Wachtell, Lipton, Rosen & Katz represented Chemours, while Dentons acted for Draslovka Holding.

The Chemours Company (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions, has entered into a definitive agreement to sell its Mining Solutions business for $520 million in cash to Draslovka Holding a.s., a Czech-based private company specializing in cyanide production.

Draslovka Holding a.s. (Draslovka) is a global leader in cyanide-based chemical specialties and agricultural chemicals including next generation fumigants and biocides. It is owned by four Czech families collaborating within a framework of bpd partners, a leading family office based in Prague.

Wachtell Lipton’s team was led by Matthew M. Guest, Partner (Picture), supported by Avi A. Sutton, Associate, Brian H. Junquera, Associate, Sabrina Khan, Associate (Corporate). The team also included Christina C. Ma, Partner, Katharine R. Haigh, Associate (Antitrust), Adam J. Shapiro, Partner, Brian Diliberto, Associate (Executive Compensation and Benefits), Gregory E. Pessin, Partner, John H. Bailey, Associate (Finance), Joshua M. Holmes, Partner and
Liam N. Murphy, Associate (Tax).

The Dentons’ team comprised of Partners Petr Zákoucký (Prague), Ilan Katz (New York) and Luis Torres (Washington, DC), along with counsel Adrian Stewart (New York) and associate Barbora Obracajová (Prague), led Dentons’ legal team on the deal, supported by managing associate Asher Bundlie, managing associate Natalie Hoeper, associate Cameron Low, (New York) and partner Rob Irving (Budapest/Prague). The cross-border, multi-competency team also included Partners Todd Silliman (Atlanta), Stephen Libowsky (Chicago), Erin Bass (Los Angeles), Joel Bock (New York), Timothy Santoli (New York), Robert Barbarowicz (Los Angeles), Nicholas Williams (New York), and Michael Zolandz (Washington, DC); counsel Nikki Fanous (Dallas), Andrew Dalin (New York), Sarah Syed (Los Angeles), and Andrew Bates (New York); and associates Jen Huber (Atlanta), Katherine Knickelbein (Pittsburgh), and Shahrzad Noorbaloochi (Washington, DC); Partner Jirí Tomola, and associates Michal Pelikán, Lucie Kubínyiová, Anna Urbanová, Martin Fiala, Justina Bodláková, David Šutko, Jan Blažek, and senior associate Ivo Hartmann;Partner Jorge Jiménez and associates Imanol Ramírez, Julio Osornio and Erick Nuño; Partners Ignacio Pera, Karlfranz Koehler and Santiago Ried; and Partners Alex Farcas and Adam Goodman, senior associate Kenda Shaheen.

Involved fees earner: Robert Barbarowicz – Dentons; Erin Bass – Dentons; Jan Blažek – Dentons; Joel Bock – Dentons; Justina Bodláková – Dentons; Asher Bundlie – Dentons; Andrew Dalin – Dentons; Nikki Fanous – Dentons; Alex Farcas – Dentons; Martin Fiala – Dentons; Adam Goodman – Dentons; Ivo Hartmann – Dentons; Natalie Hoeper – Dentons; Jennifer Huber – Dentons; Rob Irving – Dentons; Ilan Katz – Dentons; Katherine Knickelbein – Dentons; Lucie Kubínyiová – Dentons; Stephen Libowsky – Dentons; Cameron Low – Dentons; Shahrzad Noorbalooch – Dentons; Eric Nuño – Dentons; Barbora Obracajova – Dentons; Julio Osornio Barrientos – Dentons; Michal Pelikán – Dentons; Imanol Ramírez – Dentons; Santiago Ried – Dentons; Timothy Santoli – Dentons; Kenda Shaheen – Dentons; Todd Silliman – Dentons; David Sutko – Dentons; Sarah Syed – Dentons; Jiri Tomola – Dentons; Luis Torres – Dentons; Anna Urbanová – Dentons; Nicholas Williams – Dentons; Petr Zákoucký – Dentons; Michael Zolandz – Dentons; Adrian Stewart – Dentons – Cárdenas & Cárdenas; Karlfranz Koehler – Dentons Chile; Ignacio Pera – Dentons Chile; Jorge Jiménez – Dentons López Velarde; John Bailey – Wachtell, Lipton, Rosen & Katz; Brian Diliberto – Wachtell, Lipton, Rosen & Katz; Matthew Guest – Wachtell, Lipton, Rosen & Katz; Katharine Haigh – Wachtell, Lipton, Rosen & Katz; Joshua Holmes – Wachtell, Lipton, Rosen & Katz; Brian Junquera – Wachtell, Lipton, Rosen & Katz; Sabrina Khan – Wachtell, Lipton, Rosen & Katz; Christina Ma – Wachtell, Lipton, Rosen & Katz; Liam Murphy – Wachtell, Lipton, Rosen & Katz; Gregory Pessin – Wachtell, Lipton, Rosen & Katz; Adam Shapiro – Wachtell, Lipton, Rosen & Katz; Avi Sutton – Wachtell, Lipton, Rosen & Katz;

Law Firms: Dentons; Dentons – Cárdenas & Cárdenas; Dentons Chile; Dentons López Velarde; Wachtell, Lipton, Rosen & Katz;

Clients: Chemours; Draslovka ;

Author: Martina Bellini