Davis Polk & Wardwell, Gibson Dunn & Crutcher and Katzke & Morgenbesser are guiding parties involved in Nippon Paint Holdings’ USD2.3 billion acquisition of AOC, a global chemical producer owned by Lone Star Funds.
Davis Polk is representing Japan’s Nippon Paint with a cross-border team, including partners Ken Lebrun, Corey Goodman, Kyoko Takahashi Lin, Howard Shelanski, David Bauer and Paul Marquardt.
Gibson Dunn & Crutcher is advising Lone Star, while Katzke & Morgenbesser, a boutique firm, is supporting AOC on the transaction. Corporate team partners Jeffrey Chapman and Jonathan Whalen led the Gibson Dunn team.
Nippon Paint, a global manufacturer and distributor of paints and coatings, operates across 47 countries and regions.
The transaction is expected to close in the first half of 2025, pending regulatory clearance.
