NKF advises Bank of America on DKSH acquisition of Terra Firma

Niederer Kraft Frey has advised Bank of America, acting as bookrunning mandated lead arranger, on the financing of DKSH’s acquisition of Terra Firma, a leading distributor of specialty chemicals in North America, and the subsequent take-out financing.

DKSH Holding is a SIX Swiss Exchange listed company specializing in market expansion services to help companies grow their business in new or existing markets. Headquartered in Zurich, DKSH is deeply rooted in communities all across the Asia-Pacific region and generates annual net sales in excess of CHF 11 billion while employing approx. 33,100 people worldwide. DKSH has expanded its platform of the Business Unit Performance Materials in the USA and Canada thanks to the acquisition of Terra Firma, a distributor of specialty chemicals in North America. This marks another important step in DKSH’s strategy to build a global distribution platform for specialty chemicals and ingredients.

The NKF team was led by partners Philip Spoerlé (finance, pictured left) and Philippe Weber (capital markets, pictured right), working with senior associate Deirdre Ni Annrachain, associate Benedikt Hadorn and junior associate Alexander Züger (all finance).