SAA has advised International Chemical Investors Group – a well-known industrial group with sales in excess of EUR 3.6 billion and more than 6,800 employees worldwide - on the acquisition of a dormant bioethanol production site in Podari, Dolj County, from Clariant Group, one of the world’s leading specialty chemical companies.
International Chemical Investors Group (https://ic-investors.com/) a privately-owned industrial group focusing on mid-sized chemical and pharmaceutical businesses.
Since its inception in 2004, ICIG has acquired more than 28 independent chemical businesses, in Europe, the United States and in Asia, all of which have origins in major global chemical corporations.
Clariant (https://www.clariant.com/) is a globally leading specialty chemicals company, established in 1995 as a spin-off from Sandoz.
Headquartered in Muttenz, Switzerland, the company has 68 subsidiaries across 36 countries. Major production sites are located in Europe, North America, South America, China, and India. In 2023, sales from ongoing operations were CHF 4.377 billion.
Stratulat Albulescu team was led by Managing Partner Silviu Stratulat and Partner Tudor Ciambur and also included Counsel Manuela Iurascu, Counsel Raluca Gabor and Associate Alina Virlan.
For any other information on this, please feel free to contact Delia Bijnea (Head of Marketing and Communications) at [email protected].