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Squire Patton Boggs advises Lubrizol Corporation on UK acquisition of Warwick Chemicals

07 Jan 2015

Squire Patton Boggs has acted for Lubrizol Corporation on the acquisition of Warwick Chemicals, a leading global developer, producer and supplier of stain removal technology with hygiene benefits.

The Lubrizol Corporation, headquartered in Wickliffe, Ohio, is a technology-driven global company that produces complex, specialty chemicals for customers in the global transportation, industrial and consumer markets; Lubrizol products include lubricant additives for engine oils, and other transportation-related fluids and industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care and personal care products and pharmaceuticals, and specialty materials, including plastics technology and performance coatings in the form of specialty resins and additives. With 7,500 employees worldwide, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world.

Warwick Chemicals, based in Mostyn, Flintshire, is the world’s leading manufacturer of bleach activators for the detergent and biocide industries. With the close of the transaction, Warwick Chemicals becomes part of Lubrizol Advanced Materials, reporting into Lubrizol’s personal and home care business and retaining the Warwick Chemicals company name.

Corporate partner Darren Warburton in Squire Patton Boggs’ Manchester office led the cross-border team advising Lubrizol, commenting: “We’re pleased to have advised Lubrizol on this strategic acquisition which complements the company’s existing home care product line.”

Matter Type
M&A: Acquiror's Counsel
Industry
Healthcare, Life Sciences & Chemicals
News Category
M&A