We are proud to have advised KPS Capital Partners, LP - a global private equity firm focused on manufacturing and industrial investments. The firm entered into a definitive agreement with Albemarle Corporation to acquire a controlling 51% stake in Ketjen Corporation’s refining catalyst solutions business. Albemarle, a leading global specialty chemicals company, will retain a 49% minority interest and full ownership of its Performance Catalyst Solutions division.

Ketjen is a global provider of advanced catalyst and additive technologies used in the refining and petrochemical industries. Its solutions help transform crude oil and renewable feedstocks into fuels and chemicals, enhancing production efficiency and environmental performance.

This transaction stands out for its multi-jurisdictional scope and regulatory zoning complexity, underscoring our ability to support clients in navigating sophisticated cross-border matters. Completion of the transaction is expected in Q1 2026, subject to customary closing conditions and approvals.

Our cross-border multidisciplinary team advised on Dutch legal aspects of the transaction, drawing on expertise from our Corporate, Employment & Pensions, and Regulatory practices.