Essentra plc has signed an agreement to divest its Porous Technologies business to Filtration Group. The transaction values Porous Technologies at GBP 220 m , free of cash and debt. Filtration Group is an affiliate of Madison Industries. Hengeler Mueller advised Essentra plc in an integrated team together with lead counsel Slaughter and May.

The Hengeler Mueller team was led by partner Thomas Meurer ( Corporate/M&A) and included partners Alf - Henrik Bischke (Antitrust) (both Düsseldorf), Christian Hoefs (Employment, Frankfurt) and Matthias Hentzen (Corporate/M&A, Düsseldorf) and counsel Patrick H. Wilkening (IT/IP, Düsseldorf) as well as associates Dominik Heß, Ute König, (both Corporate/M&A), Philipp - Otto Neideck (Antitrust) (all Düsseldorf) and Peter Wehner (Employment, Frankfurt).