Clearwater International advises Degussa on sale of its bleaching and water chemicals persulphate activities to RheinPerChemie

Clearwater International acted as sole financial adviser to Degussa AG on selling, through an asset deal, its bleaching and water chemicals persulphate activities to a subsidiary of the Italian Unionchimica Industriale SpA, RheinPerChemie GmbH.

Degussa AG produces catalysts for the process of polymerization of chemicals (plastic) at Europe's second largest persulphate plant in Rheinfelden, Germany.