The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised the H.C. Starck Group in connection with the sale of its Surface Technology & Ceramic Powders (STC) division to the Swedish company Höganäs AB. STC is a leading global manufacturer of surface technology, ceramic and additive manufacturing powders for a wide variety of end-market applications. It operates two production facilities in Germany. The purchaser, Höganäs AB, is a world leader in the market for metal powders. The H.C. Starck Group is part of the portfolio of the private equity investors Advent International and The Carlyle Group. Höganäs, which was founded in 1797, is owned by Lindéngruppen and Wallenberg-owned FAM.
The closing of the transaction is subject to the approval of the relevant merger control authorities.
A Milbank team led by Andrea Eggenstein advised H.C. Starck on the transaction on corporate, tax and competition law.
Advisor to H.C. Starck: Milbank, Tweed, Hadley & McCloy LLP
Andrea Eggenstein (lead, Corporate/M&A, Frankfurt), Norbert Rieger (Corporate/M&A, Munich), Rolf Füger (Tax, Munich), Alexander Rinne (Competition, Munich), Leopold Riedl (Corporate/M&A, Frankfurt), Jörg Schrade (Tax, Munich), Vanessa van Weelden (Competition, Munich), Karen Frehmel-Kück and Pascal Härdtner (both Corporate/M&A, Munich)
