The China National Chemical Corporation, one of China’s largest chemical companies, has signed an agreement to purchase the KraussMaffei Group, a German manufacturer of machines for plastic part production. The transaction still has to be approved by the competent authorities.
Bär & Karrer is advising China National Chemical Corporation on the Swiss angle of the transaction. The Bär & Karrer team includes Christoph Neeracher, Philippe Seiler, Beda Kaufmann (all M&A), Corrado Rampini (Real Estate) and Ruth Bloch-Riemer (Social Security & Pensions).
The global lead of the transaction is with the international law firm Freshfields Bruckhaus Deringer. The Freshfields team includes Dr Heiner Braun, Alan Wang, Dr Maximilian Platzer, Johannes Kater, Dr Michael Leicht, Jieyu Zhang, (corporate/M&A), Dr Michael Josenhans, Sarah Cannici, Dr Matthias Thom (banking and finance), Dr Sascha Schubert, Bob Schlossberg, Christine Laciak, Donghao Cui, Stephanie Adams, Jenny Leahy (antitrust), Dr Martin Schiessl (tax), Matthias Schleifenbaum (public commercial law), Dr René Döring and Dr Andreas Schaut (employment law), Conny Bickmann (real estate).