Simpson Thacher is representing affiliates of One Equity Partners in its announced acquisition of FMC Corporation’s (“FMC”) Peroxygens business for a price of approximately $200 million. The transaction is expected to close in the first quarter of 2014, subject to customary regulatory approvals and closing conditions. FMC (NYSE: FMC) is a diversified chemical company serving agricultural, industrial, environmental and consumer markets globally for more than a century with innovative solutions, applications and quality products. FMC’s Peroxygens division is a worldwide producer of Hydrogen Peroxide, Persulfates and Peracetic Acid products with production facilities in the United States, Canada, Spain, Germany, the Netherlands and Thailand.
The Simpson Thacher team includes Ed Chung, Wilson Neely, Joe Ronca, Julie Lee, Paul Bennett and Lukas Rengier (M&A); J.T. Knight, Stephanie Rotter and Tiffanye Threadcraft (Credit); Gary Mandel and Devin Heckman (Tax), Tristan Brown and Thomas Asmar (Executive Compensation and Employee Benefits); Adeeb Fadil and Timothy Mulvihill (Environmental); David Vann, Michael Naughton and Ellen Frye (Antitrust); Lori Lesser, Marcela Robledo and Samantha Himelman (IP); Krista McManus (Real Estate); and Elisa Alcabes (Insurance).