Paris - LBO France has acquired Chryso, a chemicals specialist in the service of construction materials, from Materis. LBO France was advised by Mayer Brown for this acquisition with regard to tax and corporate aspects. The value on this matter cannot be disclosed.

Specialized in the creation of concrete admixture, Chryso Group was held by Materis, Wendel’s subsidiary. Chryso intends to benefit from the worldwide growth in concrete demand and further acquisitions within its international development are not excluded, especially on emerging markets.

The Mayer brown team with LBO included:

  • Corporate: Xavier Jaspar, Thomas Philippe, Alexandre Dejardin (Partners), Marion Henriet, Marine Larrue-Druin, Diane Kisler (Associates)
  • Tax: Laurent Borey, Christopher Lalloz (Partners), Paul de France, Elodie Deschamps (Associates).