Ashurst advises Navis Capital on the sale of Amazon Papyrus Chemicals to The Longreach Group
15 July 2021
15 July 2021
Headquartered in Hong Kong, Amazon Papyrus Chemicals is a leading specialty process chemical solution provider to the pulp and paper industry in Asia. Navis Capital acquired a majority stake in Amazon Papyrus Chemicals in 2014. Ashurst advised the Amazon Papyrus Chemicals founders on the 2014 investment by Navis.
Lead partner Chin Yeoh commented: "It is a privilege to have acted for Navis Capital and the management shareholders on the sale of Amazon Papyrus Chemicals to Longreach after we advised the founders on Navis' investment in 2014. We have a significant amount of experience advising private equity firms on investments and divestments in Asia and we are delighted to have helped our clients to achieve a very successful result."
The Ashurst team was led by partner Chin Yeoh, supported by partners Rehana Box, Angie Ng and Steven Woodbury and lawyers Roger Dong, Karen Mitra, Alexandra Nash, Matthew Harper, Lloyd Meng and Andrew Lam.