Kirkland Represents Celanese on Acquisition of Majority of DuPont’s Mobility & Materials Business for $11 Billion

Kirkland & Ellis advised Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, on its acquisition of a majority of the Mobility & Materials business of DuPont for $11 billion. Celanese will acquire a broad portfolio of engineered thermoplastics and elastomers, industry-renowned brands and intellectual property, global production assets, and a world-class organization. The transaction is subject to regulatory approvals and customary closing conditions and is expected to close around the end of 2022.   

Read the Celanese press release   

The Kirkland team was led by corporate partners David Feirstein, Daniel Wolf, Romain Dambre and associate Alexandra Gallogly and included corporate partner Emily Lichtenheld and associates Frank Liu, Megha Vyas, Yash Nair and Jimmy Ryan, technology & IP transactions partners Daniel Lewis and Todd Herst and associates Amy Barber and Min Ryoo, and tax partners Benjamin Schreiner, Joseph Tootle and Dean Shulman and associate Ted Little.