SCOTTO & ASSOCIÉS Advises on Total’s Sale of Atotech
Paris, February 2, 2017
On January 31, 2017, the French oil company Total completed the sale of its subsidiary Atotech—a global leader in metallization processes—to the U.S. private equity firm Carlyle, as announced last October (Read Total's press release)
The sale of Atotech, headquartered in Berlin, for $3.2 billion (€2.9 billion) represents one of the largest primary LBOs to take place in Germany in recent years. With a presence in some 40 countries, Atotech employs more than 4,000 people, primarily in Germany and Asia, and its revenue exceeded 1 billion euros in 2015.
Legal advice:
Atotech’s management was advised by the Scotto & Associés team led by Isabelle Cheradame, a partner, and also comprising Nicolas Menard-Durand, a partner, Franck Vacher, and Camille Perrin on corporate matters, and Jérôme Commerçon, a partner, Laurence Gautier, and Loïc Muller on tax matters.
Firm Contacts
Isabelle Cheradame
+33 (0) 1 83 92 38 38
Jérôme Commerçon
+33 (0) 1 83 92 38 38
Press Contacts
Eliott & Markus
Aurélie Lustremant
+33 1 53 41 89 98
a.lustremant@eliott-markus.com
Nicolas Delsert
+33 1 53 41 89 93
