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Cripps advise global specialty chemicals distributor Safic-Alcan on its acquisition of 4PLAS

27 Apr 2023

Cripps’ corporate team has advised Safic-Alcan UK Limited, the UK subsidiary company of Safic-Alcan Group, on its acquisition of 4Plas Ltd.

Safic-Alcan is a global distributor of specialty chemicals that offers direct access to a large and diverse portfolio of products. Founded in 1847 with headquarters in Paris La Défense, the company serves customers in over 60 countries, working with them to deliver innovative solutions while deploying a genuine commitment to quality and sustainability.

Founded in 2003, 4PLAS supplies polymer solutions to the injection moulding industry in the United Kingdom and Ireland. With this acquisition, Safic-Alcan’s UK subsidiary will be strengthened, making it one of the main regions for the group.

The acquisition of 4PLAS is the fifth acquisition in the UK by Safic-Alcan, four of which Cripps have advised on.

The Cripps team advising on the acquisition was led by Olivier Morel and included Laura Wilson, Tom Newlyn, Peter Mayhew (all corporate), Emily Byrom and Emma Saunders (both employment). The team worked closely alongside Mazars acting as accountants.

Commenting on the support provided by Cripps, Jean-Michel Guyon, General Manager and CFO of the Safic-Alcan Group, said “As a long-standing client of Cripps, we went back to the firm for this latest deal. We value the firm’s ability to navigate the intricacies of a Franco-British transaction. Once again, the Cripps’ team delivered an excellent outcome.

Olivier Morel, Partner and Head of the Franco-British Team, said: “It was a real pleasure to work with Jean-Michel and the Safic-Alcan team again, and to help them deliver on their ambitious growth plans for the UK and European markets.”

To learn more about how Cripps can support your business on its growth journey, please contact a member of the corporate team.