Clifford Chance advises 3i on the Apax Partners' offer to acquire a majority stake in the Azelis Group
Clifford Chance has advised the investment company 3i on the offer from funds advised by Apax Partners, a global private equity firm, for its majority stake in the Azelis Group, a leading pan-European speciality chemical distributor. Atlas Holding S.A., the holding company of Azelis Group, has entered into exclusive negotiations with funds advised by Apax Partners.
The workers’ councils of relevant Azelis Group companies will, where required, be consulted on the proposed transaction, which is also subject to antitrust approval.