OMNOVA Solutions, Inc.’s acquisition of Creole Chemical


Jones Day has advised OMNOVA Solutions, Inc. in its acquisition of Creole Chemical, a small Texas-based specialty chemical company that offers specialty cementing and stimulation additives utilized in the upstream sector of the oil industry.

OMNOVA Solutions Inc., is an Global manufacturer of emulsion polymers, specialty chemicals, and functional and decorative surfaces. OMNOVA was founded in 1999 when GenCorp spun off its Decorative & Building Products and Performance Chemicals businesses into a separate, publicly traded company.

OMNOVA Solutions continues to make progress implementing its performance improvement strategy. The Company expects Adjusted Diluted Earnings Per Share growth in fiscal 2017 through continued introductions of innovative new products, the strengthened capabilities of OMNOVA’s commercial team, mix improvement, focused pricing actions and cost reductions.

Jones Day has advised OMNOVA Solutions, Inc. on the deal with a team led by Jeff Dinerstein.

Involved fees earner: Jeff Dinerstein – Jones Day;

Law Firms: Jones Day;

Clients: OMNOVA Solutions, Inc.;

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Author: Ambrogio Visconti