Bates Wells has advised investors on joint venture between PSS Global Ltd and Officine Maccaferri.
The joint venture between PSS Global Ltd and Officine Maccaferri, a global leader in environmental engineering solutions, aims to combine both companies’ expertise, engineering capabilities, and complementary technologies. The new venture, Prime Synthetic Solutions, will advance the offshore energy, transportation, and communication infrastructure markets with innovative and sustainable polymer composite solutions, developed to exceed industry standards in durability and efficiency.
Nirav Patel, Partner, and Robbie Speakman, Solicitor, in our corporate team advised on both the investment and subsequent joint venture.
Nirav commented “We were pleased to partner with investors in PSS Global Ltd, supporting their aims to deliver high-performance alternatives to traditional solutions, and to support the growing global demand for renewable energy, transport, and communication infrastructure.”
Bart Keij at Teijin Aramid commented “We have been very happy with the support provided by Bates Wells on this transaction. Nirav and Robbie’s professionalism, sharpness and creative thinking were instrumental in ensuring a successful investment in the joint venture.”
