Gyrus to acquire DuPont Sustainable Solutions (DSS)

On February 25, 2019, Gyrus 1 LP, a Guernsey limited partnership acting through its general partner, Gyrus GP Guernsey Limited ("Gyrus"), announced that it has signed an agreement with E. I. du Pont de Nemours and Company and other selling subsidiaries of the group ("DuPont") to acquire the DuPont Sustainable Solutions ("DSS") business, which will be divested from DuPont to create a new, independent global operations management consulting firm. The new firm will be led and operated by the existing DSS management and supported by Gyrus Capital, an investment firm based in Geneva, Switzerland.

DSS is a leading provider of world-class operations management consulting services to help organizations transform and optimize their processes, technologies and capabilities. It has more than 600 consultants and subject matter experts worldwide, serving clients in over 60 countries. Its clients come from industries such as oil and gas, chemicals/petrochemicals, mining and metals, and manufacturing.

The transaction is expected to close in July 2019 pending the completion of all closing conditions.

Lenz & Staehelin advises Gyrus in this transaction, together with Weil, Gotshal & Manges, Carey Olsen and Deloitte.

Published: 7 March 2019