Qemetica's Expansion: Acquisition of PPG's Silica Business for PLN 1.2 Billion
Deal News | Dec 02, 2024 | CEE Legal Matters

Greenberg Traurig and Filip & Company provided legal counsel to Qemetica, a Polish chemical group, in its PLN 1.2 billion acquisition of the precipitated silica business from U.S.-based PPG. The acquisition involves two manufacturing plants in the United States and the Netherlands and includes the lease of additional facilities in the U.S. Through this strategic acquisition, Qemetica aims to enhance its footprint and capabilities in the high-demand sectors of green tires, batteries, and fillers. PPG, a global coatings and materials company, received advisory services from Hogan Lovells. Greenberg Traurig’s legal team comprised members from Poland, the Netherlands, and the U.S., ensuring comprehensive support across jurisdictions. Filip & Company’s Romanian office, featuring Roxana Rosca and Sergiu Paun, also played a crucial role in navigating the acquisition process.
Sectors
- Chemical Manufacturing
- Legal Services
- Automotive
Geography
- Poland – Qemetica is a Polish company involved in the transaction.
- United States – The acquisition included U.S.-based manufacturing operations.
- Netherlands – Qemetica's acquisition included a manufacturing facility in the Netherlands.
Industry
- Chemical Manufacturing – Qemetica operates in the chemical manufacturing sector, producing products such as soda ash and silicates which are integral to their acquisition of PPG’s precipitated silica business.
- Legal Services – The law firms Greenberg Traurig, Filip & Company, and Hogan Lovells played crucial advisory roles in the acquisition process.
- Automotive – Precipitated silica is used in the production of green tires, indicating significance within the automotive industry.
Financials
- PLN 1.2 billion (USD 310 million) – The purchase price for Qemetica's acquisition of PPG's precipitated silica business.
Participants
Name | Role | Type | Description |
---|---|---|---|
Qemetica | Buyer | Company | A Polish chemical group with a diverse range of products and international presence. |
PPG | Seller | Company | A global company specializing in coatings, specialty materials, and glass products. |
Greenberg Traurig | Legal Advisor to Buyer | Company | An international law firm advising Qemetica in the transaction. |
Filip & Company | Legal Advisor to Buyer | Company | A law firm that assisted Greenberg Traurig in advising Qemetica on the acquisition. |
Hogan Lovells | Legal Advisor to Seller | Company | A law firm that provided legal counsel to PPG for the sale transaction. |