Hugo Nocerino~~Gavin Gordon~~Faustine Viala~~Eugene L. Chang~~Komal Raina~~Timothy Sawyer~~Akim Ouint~~Ethan Douglas~~Charles Bodreau~~Carla Molines
January 24, 2026
Willkie Advises Affiliate of Syntagma Capital on Acquisition of Wet-End Leather Chemicals Business of Stahl

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AI-made summary
- An affiliate of Syntagma Capital has agreed to acquire the Wet-End leather chemicals business of Stahl, a company specializing in leather chemical formulations for industries such as footwear, automotive, luxury goods, and home furnishings
- The transaction is expected to close in the first half of 2025
- Willkie advised Syntagma Capital on the deal, with a team led by partner Hugo Nocerino and several other partners, counsel, and associates.
Willkie represented an affiliate of Syntagma Capital on its acquisition of the Wet-End leather chemicals business of Stahl.
On November 18, Syntagma Capital announced that one of its affiliates reached an agreement to acquire Stahl’s Wet-End leather chemicals business, a global leader in leather chemical formulations serving the footwear, automotive, luxury goods and home furnishing industries. The transaction is expected to be completed in the first half of 2025.
Syntagma Capital is a privately held investment company based in Brussels that focuses on investments in the material, chemical, industrial and business services markets.
The Willkie team was led by partner Hugo Nocerino and included partners Gavin Gordon, Faustine Viala, Eugene Chang and Komal Raina, counsel Timothy Sawyer, and associates Akim Ouint, Ethan Douglas, Charles Bodreau and Carla Molines.
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Hugo Nocerino~~Gavin Gordon~~Faustine Viala~~Eugene L. Chang~~Komal Raina~~Timothy Sawyer~~Akim Ouint~~Ethan Douglas~~Charles Bodreau~~Carla Molines
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