Jeantet and Milbank LLP advised Sartorius, while White & Case LLP advised Novasep on the deal.
Novasep announced the proposed sale of its chromatography process equipment division to the Sartorius Group.
Novasep is a leading international provider of services in the field of molecule production and purification for the life science and chemical industries, based on an unrivalled pool of specialized technologies.
The Sartorius group is an international pharmaceutical and laboratory equipment supplier, covering the segments of Bioprocess Solutions and Lab Products & Services.
The proposed transaction covers operations located on a number of different Novasep sites, including the Pompey site in eastern France and sites in the USA, China and India.
The transaction is subject to the consultation of the works council of Novasep, antitrust clearance from the Federal Trade Commission and French foreign investment clearance.
Jeantet advised Sartorius with a team led by Karl Hepp de Sevelinges (Picture, partner, Corporate/M&A), and included Michael Samol (counsel, Corporate/M&A), Robert d’Orglandes (Corporate/M&A), Laetitia Ternisien (counsel, Social) and Gabriel di Chiara (counsel, Fiscal).
Milbank LLP also advised Sartorius with Michael Bernhardt (partner, Corporate/M&A) and Alexander Rinne (partner, Antitrust).
The White & Case team which advised Novasep on the transaction was led by partner François Leloup and counsel Delphin Boucher (both Paris), and included partners Michiel Visser (New York), Alex Zhang (Shanghai), Alexandre Jaurett (Paris) and Rebecca Farrington (Washington, DC), counsel Orion Berg (Paris) and associates Marina Safonova (New York) and Heather Greenfield and Regina Loureiro (both Washington, DC).
Involved fees earner: Gabriel di Chiara – Jeantet ; Robert d’Orglandes – Jeantet ; Karl Hepp de Sevelinges – Jeantet ; Michael Samol – Jeantet ; Laetitia Ternisien – Jeantet ; Michael Bernhardt – Milbank; Alexander Rinne – Milbank; Orion Berg – White & Case; Delphin Boucher – White & Case; Rebecca Farrington – White & Case; Heather Greenfield – White & Case; Alexandre Jaurett – White & Case; François Leloup – White & Case; Regina Loureiro – White & Case; Marina Safonova – White & Case; Michiel Visser – White & Case; Alex Zhang – White & Case;