Pérez-Llorca Mexico counsels Chemtrade on Polytec acquisition
Pérez-Llorca Mexico has advised Chemtrade Logistics, a North American industrial chemicals and services provider, on its acquisition of Polytec, a specialty chemical manufacturer. The firm’s involvement centered on the Mexican subsidiary of Polytec, which was part of the broader transaction.
The acquisition supports Chemtrade’s growth strategy by establishing a presence in the Mexican market through Polytec’s local subsidiary. This move provides Chemtrade with a strategic base to expand its operations and enhance competitiveness in the region.
The transaction, expected to close during the fourth quarter of 2025, subject to regulatory approvals and customary closing conditions. It involved multiple disciplines, with environmental, customs, tax, and real estate matters playing key roles. The firm managed regulatory and compliance issues, coordinating closely with foreign counsel throughout the process.
Dorsey & Whitney acted as co-counsel to Chemtrade Logistics. Pérez-Llorca Mexico team was led by partners José Ignacio Rivero Andere (pictured left) and Alfredo Chávez Goyeneche (pictured right), along with counsels Enrique Muñoz and Félix Ponce-Nava, and associates Héctor Ferrari, Regina Jordán, Raúl Paniahua, José Carlos Rodríguez, Miguel Ángel Rosas, Guillermo Vázquez, Georgina Zavala, and Gerardo Llerendi (law clerk).