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Vinson & Elkins advised Gravity, a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P., in the sale of Tech Management, its production chemicals platform, to Coastal Chemical Co., L.L.C., a Brenntag Company.
On April 29, 2022, a team of Vinson & Elkins trial attorneys secured an approximately $94 million jury verdict for Huntsman Corporation, a publicly traded global manufacturer and marketer of differentiated and specialty chemicals, in connection with the Company’s long-running court battle against Praxair/Linde, one of the industrial gas suppliers to Huntsman’s Geismar, Louisiana methylene diphenyl diisocyanate (MDI) manufacturing site.
Vinson & Elkins advised Hartree Partners (“Hartree”) in a transaction whereby a subsidiary of Axel Johnson Inc. (“Axel Johnson”) has entered into an agreement to sell to Hartree the general partner interest, the incentive distribution rights and all of the limited partner interests that Axel Johnson owns in Sprague Resources LP.