News & Announcements

Weil Advises on Financing of Palladium-Backed Kymera International’s Acquisition of Fiven ASA, a Leader in Advanced Silicon Carbide Materials, and Full Recapitalization

Weil advised certain financing sources in their support of the acquisition of Fiven ASA by Kymera International and full refinancing of existing indebtedness at Kymera. Kymera is a global leading specialty materials and surface technologies company, and Fiven is similarly engaged in developing and marketing advanced silicon carbide materials. Financial terms of the transaction were not disclosed.

The Weil deal team was led by Banking & Finance partner Justin Lee and included Banking & Finance partner Paul Stewart, counsel Nick Nikic and Thomas Zimmermann, and associates Virginia Gordon, Nick Swan, Nicole Reynolds, Brian Roduner, Hans-Christian Mick, Josef Matoussi and Tutu Williams (Trainee Associate).

A Weil deal team led by Justin also advised the debt financing sources for the initial acquisition of Kymera International in 2018 by affiliates of Palladium Equity Partners, LLC, a private equity firm with more than $3 billion in assets under management.

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