Skip to main content


Firm News

Mayer Brown JSM Advises Hempel AG on the Buy-out of its Joint Venture Partner

7 January 2009
Mayer Brown acted for Hempel AG on the conditional buy-out of its joint venture partner in Hempel-Hai Hong. The joint venture with the China Merchant Holdings (International) Co Ltd. Group was established in 1991.

Hempel is a global manufacturer and distributor of quality paint coatings (including marine paints, protective coatings, container coatings, decorative paints and yacht paints) and is a long standing client of the Frankfurt office of Mayer Brown. Hempel-Hai Hong is the China arm of the Hempel Group.

The total consideration for the sale of the sale shares, the assignment of the joint venture intellectual property rights and the grant of all other rights to Hempel is over HK$1.1 billion (US$145 million). Completion occurred 5 January 2009.

Lead Partner: Stephen Bottomley
The Build a Report feature requires the use of cookies to function properly. Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently. If you do not accept cookies, this function will not work. For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.