Barclays Appoints Adam Abramson as Head of Chemicals Banking, Americas
June 05 2019 - 09:45AM
Business Wire
Barclays announces the appointment of Adam Abramson as a
Managing Director and Head of Chemicals Banking, Americas. Mr.
Abramson will be based in New York, and will report to Rob
Jeffries, Vice Chairman and Global Head of Chemicals Banking at
Barclays.
Mr. Abramson joins Barclays with close to 20 years of experience
in banking, most recently as a Managing Director in the Chemicals
Group at Deutsche Bank. In his career to date he has completed over
80 M&A and capital markets transactions, representing over $90
billion in cumulative transaction value. Notable transactions that
Mr. Abramson has advised on include the $4.6 billion sale of
Solutia Inc. to Eastman Chemical Company, the $1.2 billion sale of
OM Group, Inc. to Apollo Global Management and Platform Specialty
Products Corporation, and the sale of Vantage Specialty Chemicals
to H.I.G Capital. He has also advised Quaker Chemical on the
company’s pending $1.5 billion combination with Houghton
International, Inc.
“Adam’s extensive transaction experience and deep roster of
strategic relationships in the Chemicals sector will be of
considerable value to our clients,” said Rob Jeffries, Vice
Chairman and Global Head of Chemicals Banking. “His appointment is
further evidence of our commitment to operating a top tier
Chemicals franchise.”
“The Chemicals space represents a key opportunity set for our
investment banking business, and the team is achieving exceptional
results through our consistent delivery of standout strategic
advice for our clients,” added John Miller, Global Head of Banking
Coverage. “Adam’s appointment will further augment our already
market leading Chemicals Banking practice.”
Barclays has been involved in a number of the most notable
recent transactions in the Chemicals space, performing the roles of
joint bookrunner on DowDuPont Inc’s $12.7 billion senior notes
offering, joint global coordinator on Akzo Nobel Specialty
Chemicals’ €5.5 billion-equivalent Term Loans, and exclusive
financial advisor to Evonik on the pending €3.0 billion sale of its
methacrylates business to Advent International.
Mr. Abramson will start at Barclays in August 2019.
Barclays is a transatlantic consumer and wholesale bank offering
products and services across personal, corporate and investment
banking, credit cards and wealth management, with a strong presence
in our two home markets of the UK and the US. With over 325 years
of history and expertise in banking, Barclays operates in over 40
countries and employs approximately 83,500 people. Barclays moves,
lends, invests and protects money for customers and clients
worldwide. For further information about Barclays, please visit our
website www.barclays.com.
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Andrew Smith+1 212 412 7521andrew.x.smith@barclays.com
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