Ashurst advises Goldman Sachs and TPG on €1.2 billion acquisition of Ontex

16 July 2010

Ashurst is advising Goldman Sachs and TPG on the €700,000,000 senior facilities arranged by Goldman Sachs International and Merrill Lynch International in connection with the €1.2 billion acquisition by Goldman Sachs and TPG of European market leader in hygiene disposables, Ontex NV, from Candover.


The Ashurst team was led by loan markets partner, Jane Fissenden, who was assisted by associate, Laura Marr.


A separate team comprising lawyers from the firm's London, Paris, Brussels and Frankfurt offices led by corporate partners David Carter and Simon Beddow advised Candover on the sale by its wholly owned subsidiary, Candover Partners Limited.


Sullivan and Cromwell also advised Goldman Sachs, Ropes & Gray also advised TPG and Allen and Overy acted for the arrangers.

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