Irwin Mitchell Advises On High Profile Transaction

The Lubrizol Corporation announces that it has acquired Diamond Dispersions Ltd, a company exclusively focused on the production of water-based dye and pigment dispersions for inks used in digital printing.

Headquartered in Sheffield, UK, Diamond Dispersions has established itself as a high quality, responsive and innovative producer of dispersions, gaining a significant share in this growing niche market.

Diamond Dispersions will advance Lubrizol Performance Coatings' goal to grow its portfolio of products that enable digital printing. 

According to Sanjay Kalhan, general manager of Lubrizol Performance Coatings, "The combined technologies, knowledge and expertise of both companies will drive further innovation across product lines and position Lubrizol as the preferred partner for ink makers seeking to develop new digital print systems for this growing market. In addition to our dispersant, specialty additive and resin product lines, ink manufacturers will now have the opportunity to source fully formulated dispersions through Lubrizol."

Diamond Dispersions is now part of Lubrizol Advanced Materials, reporting into Lubrizol's Performance Coatings business.  This transaction includes all intellectual property, trademarks and customer lists of Diamond Dispersions. Financial terms of the agreement were not disclosed.

Matt Ainsworth, corporate partner at Irwin Mitchell in Sheffield led a team including Julia Caiger and Katherine Munn which provided legal advice to the for the shareholders of Diamond Dispersions Limited.

Andy Ryder, Corporate Finance partner at Shorts, provided lead advisory advice to the shareholders with support from a team including Matt Milnes and Dave Robinson.