Simpson Thacher recently represented Snow Phipps Group, LLC in its sale of FiberVisions Corporation to Indorama Ventures Public Company Limited, a global polyester producer headquartered and listed in Bangkok, Thailand. FiberVisions, based in Duluth, Georgia, is a global market leader in high value applications of fibers, specializing in mono and bi-component polyolefin fibers. Terms of the deal were not disclosed.
The Simpson Thacher team included: Andrew Smith, Shalini Aggarwal, Daeyna Grant and Jim Cross (M&A); Noah Beck and Christian Miller (Tax); Tristan Brown and Jennifer Wolff (Executive Compensation and Employee Benefits); Joe Tringali, Michael Naughton, Ketan Jhaveri, William Kearney and Ellen Frye (Antitrust/HSR); Lori Lesser and Marcela Robledo (Intellectual Property); Bill Sheehan, Justin Benford and Tony Rim (Credit); Adeeb Fadil (Environmental); and Krista McManus (Real Estate).