Global law firm Baker McKenzie has advised long-standing client Ecolab Inc. (NYSE: ECL) in its acquisition of Purolite, a provider of high-end ion exchange resins for separation and purification solutions that complement Ecolab’s current offerings and are critical for high-quality, safe drug production and biopharma products purification in the life sciences industries. The all-cash acquisition is valued at approximately USD 3.7 billion.
Based in King of Prussia, PA, Purolite operates in more than 30 countries and employs approximately 1,000 people worldwide.
The Baker McKenzie deal team is led by M&A Partner Dieter Schmitz, based in Chicago, who commented: "We are thrilled and grateful to have partnered with Ecolab once again on its largest M&A transactions. Supporting Ecolab's seasoned deal team with colleagues from around the world helped bring this important transaction to a successful signing."
Ecolab's legal team is led by Michael McCormick, Executive Vice President, General Counsel and Secretary, who added: "For our most significant transactions, Baker McKenzie's global―and importantly, diverse―team provides us expert advice and support, and they once again delivered for Ecolab in executing this multi-billion dollar acquisition to strengthen and expand our life sciences business."
The Baker McKenzie cross-border team also includes:
Corporate: Michelle Carr, Asama Itseumah
Antitrust: Teisha Johnson, Daniel Moon, Arvind Miriyala
Benefits: Chris Guldberg
Compliance: Maurice Bellan, Graham Cronogue
Employment: Liz Ebersole, Goli Rahimi
Environmental: John Watson
Foreign Investment: Rod Hunter, Callie Lefevre
IP: Jessie Greenwald, Lisa Rosaya
Real Estate: Sarah Swain, Sarah Winston
Securities: Chris Bartoli, Sali Wissa
Tax: Kai Kramer, Ross Staine, Phil Taylor
Trade: Kerry Contini, Eunkyung Kim Shin
The deal team outside the United States includes:
Brazil (Trench Rossi Watanabe)*: Felipe Ferenzini, Mauricio Pacheco
China (FenXun Partners): Cherrie Shi, Cora Wu
Germany: Christian Burholt
Mexico: Hugo Dubovoy
Poland: Weronika Achramowicz, Anna Zmitrowicz
Singapore: Andrew Martin, Pearlyn Chen
United Kingdom: Jannan Crozier, Anthony Pisarski
Baker McKenzie is a transactional powerhouse with over 2,500 deal lawyers and expertise in over 46 countries. We excel in cross-border deals – over 60% of our deals are multi-jurisdictional. We are global and local, combining money-market sophistication with local excellence.
For more information about this transaction, please see Ecolab’s Press Release.
*Trench Rossi Watanabe and Baker McKenzie have executed a strategic cooperation agreement for consulting on foreign law.