Clearwater International advises Degussa on sale of its bleaching and water chemicals persulphate activities to RheinPerChemie

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Clearwater International acted as sole financial adviser to Degussa AG on selling, through an asset deal, its bleaching and water chemicals persulphate activities to a subsidiary of the Italian Unionchimica Industriale SpA, RheinPerChemie GmbH.

Degussa AG produces catalysts for the process of polymerization of chemicals (plastic) at Europe’s second largest persulphate plant in Rheinfelden, Germany.

Clearwater International, led by partners Ralph Schmücking and Markus Otto, advised Degussa.