Jones Day is advising Ferro Corporation.
Ferro Corporation, a leading global supplier of technology-based functional coatings and color solutions, announced the sale of its global Tile Coatings Business to Pigments Spain, S.L., a portfolio company of Lone Star Funds, for $460 million in cash, with potential earnout payments of up to $32 million in cash based on the performance of the business pre-closing, subject to customary adjustments.
The Jones Day team was led by Patrick Leddy (Picture) and Stefano Crosio.
Law Firms: Jones Day;
Clients: Ferro Corporation;