Wikborg Rein assisted Elkem ASA in the aqusition of Polysil

Wikborg Rein has proudly assisted Elkem ASA in one of the largest acquisitions ever conducted by a Norwegian-based company in China.

Elkem, a listed multinational industrial company headquartered in Norway, has entered into an agreement to acquire all of the shares in Polysil, a leading Chinese silicone elastomer & resins material manufacturer with strong positions in baby care and food grade silicones, as well as silicone products for the electronics and medical markets.

Wikborg Rein entered into a framework agreement with Elkem ASA in early 2019, and this traditional Norwegian industrial conglomerate has since become a significant client within a number of legal disciplines. The Polysil acquisition is the largest and most complex assignment so far.

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