Eversheds advises Advansa on sale of assets used in its products

Eversheds has advised European polyester-fibre producer Advansa on the sale of assets used in its branded and speciality polyester products businesses for apparel end uses to Invista, owner of the Coolmax fabric and Lycra fibre brands.

The Eversheds team was led by corporate partner Alasdair Outhwaite, supported by intellectual property partner Adrian Toutoungi and associates Elizabeth Tindall and Atif Taher.

The team advised on all corporate, commercial and intellectual property aspects of the deal.