Orion Engineered Carbons Shares Sold by Kinove Luxembourg Holdings 1 in Registered Secondary Offering

December 7, 2017

On December 7, 12,657,799 million shares of S&C client Orion Engineered Carbons S.A. were sold in a registered secondary offering made by its principal shareholder, Kinove Luxembourg Holdings 1 S.à r.l. (a Luxembourg company owned primarily by funds managed by private equity firms Rhone Capital L.L.C. and Triton Investment Management Limited), and certain current and former members of Orion's management team. The offering was the final secondary offering, following a series of other secondary offerings by Kinove and the other selling shareholders during 2017. Following the offering, Kinove no longer holds any shares in the company. The offering was structured as an underwritten block trade.

Orion is a worldwide supplier of specialty and high-performance Carbon Black organized as a Luxembourg joint stock corporation (société anonyme). Orion's common shares are listed on the New York Stock Exchange.

The S&C team representing Orion was led by Robert Risoleo and David Harms, along with Abigail Yevnin and Megan Colville. Eric Wang and Lauren Citrome advised on U.S. tax matters.