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PolyOne Corporation completes sale of Performance Products and Solutions Business to SK Capital Partners

Fasken
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Overview

Client

PolyOne Corporation

On October 28, 2019, PolyOne Corporation, a global provider of plastics and polymer materials, solutions and services, announced the sale of its Performance Products and Solutions (PP&S) business to SK Capital Partners for U$775 million in cash. 

A leading provider focused on sustainability, PolyOne Corporation confirmed the proceeds of the sale would be used toward future growth initiatives, including investing in sustainable solutions and specialty acquisitions. 

A Fasken team composed of Andrew Alleyne, Douglas New, George Soules, Mitchell Thaw, Puyang Zhao, Dierk Ullrich and Adrian Wan advised PolyOne Corporation in connection with this divestiture.

Jurisdiction

  • British Columbia

Team

  • Andrew C. Alleyne, Partner | Corporate/Commercial, Toronto, ON, +1 416 868 3338, [email protected]
  • George Soules, Associate | Corporate/Commercial, Toronto, ON, +1 416 868 7810, [email protected]
  • Puyang Zhao, Partner | Tax Law, Toronto, ON, +1 416 943 8801, [email protected]
  • Dierk Ullrich, Partner | Leader, Japan and Korea Practice Groups, Vancouver, BC, +1 604 631 4847, [email protected]
  • Adrian Wan, Partner | Mergers & Acquisitions, Corporate/Commercial, Vancouver, BC, +1 604 631 3222, [email protected]
Andrew Alleyne Toronto Lawyer Andrew C. Alleyne Partner | Corporate/Commercial Toronto, ON +1 416 868 3338
George Soules Toronto Student George Soules Associate | Corporate/Commercial Toronto, ON +1 416 868 7810
Dierk Ullrich, Partner | Leader, Japan and Korea Practice Groups Dierk Ullrich Partner | Leader, Japan and Korea Practice Groups Vancouver, BC +1 604 631 4847
Adrian Wan, Partner | Mergers & Acquisitions, Corporate/Commercial Adrian Wan Partner | Mergers & Acquisitions, Corporate/Commercial Vancouver, BC +1 604 631 3222