SCOTTO & ASSOCIÉS in Atotech’s disposal by Total
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
Paris, 2 February 2017
On 31 January 2017, the French petroleum group Total finalized the disposal of its subsidiary Atotech, global leader in plating processes, to US funds Carlyle, as announced in October 2016.
The $3.2 billion disposal of Atotech, whose headquarters are located in Berlin, is a major primary LBO among those completed in Germany these last years. Operating in approximately 40 countries, Atotech has a workforce of over 4.000 employees, notably in Germany and Asia and its turnover in 2015 was above €1 billion.
Legal advisors:
Atotech’s management was advised by Scotto & Associés, with a team led by partner Isabelle Cheradame, and further composed of partner Nicolas Menard-Durand, Franck Vacher and Camille Perrin on the corporate aspects, as well as partner Jérôme Commerçon, Laurence Gautier and Loïc Muller on the tax aspects of the transaction.