Overview
Heiko Schiwek is Co-Head of the U.S. M&A practice and one of the Global Leaders of the Chemicals Sector.
Heiko has extensive and diverse M&A experience ranging from public company acquisitions to complex carve-out sales, strategic investments and joint venture transactions and represents many of the largest US and non-US corporate clients.
Work Highlights:
Heiko’s recent deal highlights include advising*:
- Rio Tinto: advising on its US$6.7bn acquisition of Arcadium Lithium.
- Volkswagen: advising on a US$5.8bn investment and electric vehicle technology joint venture with EV manufacturer Rivian.
- BASF: advising on its pending US$1.15bn sale of its Brazilian decorative paints business to Sherwin-Williams.
- General Motors: advising on its strategic partnership with TWG Motorsports to form the Cadillac Formula 1 Team, which will join the FIA Formula One World Championship grid in March 2026.
- Dow: advising on:
- its partnership transaction with Macquarie Asset Management to launch US$6bn Diamond Infrastructure Solutions.
- its transaction with DuPont involving the US$130bn combination of the two companies, its subsequent separation into three publicly traded entities and the resulting US$50bn spin-off of Dow Inc.
- its US$5bn Reverse Morris Trust transaction with Olin involving Dow’s chlor-alkali and derivatives business.
- its negotiations in connection with the US$17.4bn K-Dow joint venture with PIC of Kuwait.
- the US$4.8bn strategic ownership restructuring of Dow Corning.
- the US$1.5bn sale of its MEGlobal joint venture interest to EQUATE.
- the US$1.63bn sale of Styron to Bain Capital.
- the sale of Dow’s global polypropylene business to Braskem.
- the divestiture of its global polypropylene licensing & catalysts business to W. R. Grace & Co.
- the sale of its interest in Nippon Unicar Company to the Tonen Group.
- the sale of its acid copolymers and ionomers business to SK Global Chemical Co.
- the sale of Dow’s extruded polystyrene foam (XPS) business.
- the sale of Dow’s German S/A Latex business.
- the separation of Dow’s joint venture with Toray Industries, Inc. - Celanese: advising on:
- its US$11bn acquisition of the mobility and materials business of DuPont.
- the restructuring of its 50/50 Korea Engineering Plastics Co. joint venture with Mitsubishi Gas Chemical Company.
- the US$1.575bn divestiture of its interest in its Polyplastics joint venture to Daicel Corporation.
- its food ingredients joint venture with Mitsui. - LyondellBasell: advising on its US$2.25bn acquisition of A. Schulman and other transactions.
- LANXESS: advising on:
- its acquisition of the clean and disinfect business of Chemours.
- its acquisition of the U.S. phosphorus additives business of Solvay.
- its acquisition of Emerald Kalama Chemical from American Securities.
- its acquisition of the microbial control business of IFF. - Dover Corporation: advising on:
- its acquisition of FW Murphy Production Controls.
- its acquisition of Espy Corporation. - KMG Chemicals: advising on its US$1.6bn sale to Cabot Microelectronics Corporation.
- SPX Technologies: advising on its divestiture of subsidiaries holding asbestos liabilities and related assets to a joint venture of Global Risk Capital and Premia Holdings and its related Section 251(g) reorganization.
*Includes matters handled prior to joining Linklaters.
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