Advestra advises PANOLIN on the sale of its ECL business to Shell

Wholly-owned subsidiaries of Shell in Switzerland, the UK, US and Sweden (Shell (Switzerland), Shell U.K., Pennzoil-Quaker State Company and Shell Aviation Sweden) have entered into agreements to acquire the Environmentally Considerate Lubricants (ECLs) business of the PANOLIN Group.

Advestra acts as Swiss legal counsel to PANOLIN in this transaction. The team includes Beda Kaufmann, Thomas Reutter, Fabian Loretan, Levy Corba (all Corporate | M&A), Laurent Riedweg, Peter Riedweg and Jan Seltmann (Tax).