Clariant is a world leader in specialty chemicals. The deal was aimed at strengthening Stahl’s leadership position in leather-finishing products, both in terms of its market share and its range of technical solutions.

FERRERE’s work covered the due diligence process of the Uruguayan section of this multijurisdictional project involving 21 countries in South America, North America, Europe, Asia and Africa, with Uruguay being one of the key jurisdictions acquired by Stahl.

An option agreement was signed at the end of October 2013 and the final agreements were executed on December 12.

Geraldine Ifrán comments: “The Uruguayan Clariant company was labeled as key in terms of its relative importance in the deal. It is always exciting to be able to assist in multi-jurisdictional projects such as this one, and we were keenly aware of the need to encompass and frame the timing and findings to the goals of the overall scheme”.