Ropes & Gray Advises PQ Group Holdings in the Sale of its Performance Chemicals Unit to Cerberus Capital and Koch Minerals & Trading
Ropes & Gray advised PQ Group Holdings Inc. in the sale for $1.1 billion of its Performance Chemicals business to Cerberus Capital Management, L.P. and Koch Minerals & Trading LLC. The transaction was announced on March 1. The press release is available here.
PQ Group Holdings is a leading integrated and innovative global provider of specialty catalysts, chemicals and services.
The Ropes & Gray team that advised PQ Group Holdings was led by private equity partners David Blittner (New York) and Laura Steinke (New York), and included tax partner David Saltzman (Boston), finance partner Jay Kim (New York), capital markets partner Craig Marcus (Boston), employment, executive compensation & benefits partner Renata Ferrari (Boston), tax counsel Alyssa Kollmeyer (Boston) and employment, and executive compensation & benefits counsel Claire Rosa (Boston).