Freshfields has advised Solvay S.A. on the sale of its Ionquest 290 and Octyl Phosphonic Acid business units to Italmatch Chemicals S.p.A.

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Solvay S.A., a global chemical and advanced materials company based in Belgium, on the sale of its Ionquest 290 and Octyl Phosphonic Acid (OPA) business units to Italmatch Chemicals S.p.A., a specialist chemical company based in Italy.

The Freshfields team was led by corporate partner Olivier Rogivue and antitrust partner Laurent Garzaniti, who were supported by corporate counsel Guillaume Goubeaux, principal associate Tone Oeyen, and associate, Peter Lu.

Italmatch Chemicals was advised by Giovannelli e Associati, with a team led by partner Fabrizio Scaparro.