 |
Kekst CNC is handling the $100M initial public offering of Avantor, supplier of chemicals/services to the biopharma, life sciences and advanced technology sectors.
Founded in 1904, Avantor merged with NuSil in 2016 and VWR Corp., a $6.4B transaction, in 2017.
Avantor CEO Michael Stubblefield, formerly senior expert for chemicals practice at McKinsey & Co. and VP at Celanese Corp., reported nine-month 2018 revenues of $4.3B and a $33.6M loss.
Kekst CNC’s Daniel Yunger and Liz Cohen handle the IPO.
Publicis Groupe owns Kekst CNC.
Teneo represents American Ocean Minerals Corp as its merges with NASDAQ-listed Odyssey Marine Exploration to create a $1B deep-sea critical minerals research and mining platform that is under US-control.
Kekst CNC represents Cleveland-based Everstream as the business-only fiber network receives bankruptcy court approval for the sale of almost all of its operations to Bluebird Fiber for $385M.
FTI Consulting handles media for McCormick as the 137-year-old flavors company combines with Unilever Foods in a deal valued at $45B.
Edelman Smithfield handles Sysco as the world's largest food-away-from-home distributor acquires Foxcroft Strategy Group client Jetro Restaurant Depot, which serves delis and mom & pop shops, in a deal valued at $29B.
FGS Global represents Brown-Forman Corp. as it confirms merger discussions with French liquor giant Pernod Ricard.
