NautaDutilh assists Neste Oil in selling their PAO-business activities in Beringen
NautaDutilh Brussels assisted Neste Oil in selling its polyalphaolefin (PAO) production facilities, quality control laboratory, and associated maintenance services at Beringen in Belgium to Chevron Phillips Chemical International NV. The sale is a result of Neste's decision to divest its PAO-business. The sale was first announced on 14 September 2011 and has now closed on 30 November 2011, after merger clearance.
The NautaDutilh Team was led by Dirk Van Gerven and Patrick Geeraert, other team members are Tamar Van Colenberghe, Philippe François, Jens Mosselmans, Heidi Bortels, Patrick Peeters, Harry Eliaerts, Geneviève Borremans, Thomas Verstraeten and Charles van Sasse.