International Chemical Investors S.E. acquired Alkaline S.A.S. from Nippon Soda Co., Ltd. on March 8, 2023. Yves Ardaillou and Nicolas Lepetit of Cabinet Magellan acted as legal advisor to Nippon Soda. Nicolas Bombrun and Matthew Readings of Shearman & Sterling LLP acted as legal advisor to International Chemical Investors.

International Chemical Investors S.E. completed the acquisition of Alkaline S.A.S. from Nippon Soda Co., Ltd. on March 8, 2023.