PLMJ advises Ferro Corporation in acquisition of Endeka Group in Portugal


PLMJ provided legal support to Ferro Corporation in the process of acquiring the Endeka Group in Portugal, which is a leading global suppliers of raw materials and intermediate products to the ceramic industries. PLMJ also advised on Ferro's internal restructuring process, which led to the merger of Endeka Ceramics S.A. into Ferro – Industrias Químicas (Portugal), Lda. in April 2018.

The head of the team providing this advice was PLMJ Corporate/M&A senior associate, Carolina Meireles, with support, among others, from Catarina Santinha, an associate from the same practice area.

The acquisition of Endeka was valued at a total of around €64 million.

Based in Mayfield Heights (Ohio, USA), Ferro Corporation employs around 5300 people globally and it 2016, it invoiced around €1150 million.

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