Arkema completes the divestment of Febex

On January 3, 2023, Arkema France – a subsidiary of the Arkema group, a French publicly listed group, leader in the field of specialty materials – completed the divestment of Febex to the Belgian group Prayon. 
 
Founded in 1917 in Bex, Switzerland, Febex is a global player in phosphorus derivatives, used primarily in electronics and in the pharmaceuticals industry.
 
Lenz & Staehelin advised Arkema France in this transaction. Claire Le Louarn, in-house M&A lawyer, was in charge of the project for the Arkema group's legal department.