Fox Williams acted for Tennants Consolidated Limited (“Tennants”), a leading UK privately held group engaged in the manufacture and sale of chemicals and chemical products, on its acquisition of the entire issued share capital of Dynea Ireland Limited from Dynea Chemicals OY and of the business carried on in Mold, Flintshire by Dynea UK Limited. The transaction was completed on 18 December 2013. Following the acquisition, Dynea Ireland was renamed Marinochem Limited.

Marinochem Limited and the Mold business will continue to manufacture resins for various end markets. The Mold business will also continue to toll manufacture resins for other Dynea entities.

Paul Osborne, Senior Partner at Fox Williams, commented: “It was fantastic to work with Tennants again and successfully complete this cross border transaction. It required a huge team effort from all concerned to achieve a closing prior to the Christmas break.

Paul Osborne (Senior Partner) led the Fox Williams team and was assisted by Howard Taylor (Senior Associate), Wendy Mah and Elliot Cowan (Associates) on all corporate aspects, Emma Bailey (Partner) and Jaspal Pachu (Senior Associate) on tax matters, Mark Watson (Partner) and Romella Manning-Brown (Senior Associate) on employment issues, Nigel Miller (Partner) and Sian Barr (Associate) on commercial and IP matters and Elizabeth Ruff (Partner) on real estate matters. McCann FitzGerald supported Fox Williams in providing advice on Irish law.


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