Cripps advises Safic-Alcan on acquisition of Langley Smith & Company
Cripps (incorporating Pemberton Greenish) has advised longstanding French client Safic-Alcan on its acquisition of UK-based Langley-Smith & Company.
Safic-Alcan is an independent distributor of specialty chemicals headquartered in France. Langley-Smith was established in 1907 and is a specialty chemicals distributor in the UK, Ireland and mainland Europe, with a focus on adhesives, paint and coatings, polymer modification, road marking and rubber processing, inks and varnishes.
The acquisition of Langley-Smith will cement Safic-Alcan’s position as a leader in specialty chemicals distribution in the UK and Ireland and will allow the company to develop its capabilities in mainland Europe.
Partner and Head of International, Olivier Morel and Senior Associate, Erin Willock led the Cripps team advising Safic-Alcan on all legal aspects of the acquisition. They were assisted by Juanne Jambaz (Corporate); Patrick Glencross (Employment); Dan Badham (Commercial) and Roberta Organ (Real Estate).
Yann Lissillour, Director of Mergers and Acquisitions for Safic-Alcan, commented “We have worked closely with Cripps for many years and value the experience and understanding of Franco-British business dynamics they bring to our transactions. The team worked tirelessly to ensure our acquisition of Langley-Smith ran smoothly and was completed to the satisfaction of both parties.”
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