Tag Archives: Netherlands

Cinven to invest in Barentz

Private Equity Firm to become a Shareholder in Netherlands based global Specialty Ingredients Distributor

Private Equity firm Cinven Limited (London, United Kingdom) announced yesterday that it has reached agreement to become a shareholder of global specialty  ingredients distributor Barentz International N.V. (Hoofddorp, The Netherlands).

 

Cinven said in a statement  that its Business Services and Benelux teams “identified Barentz as an attractive investment opportunity, given:

 

  • Its strong presence in attractive, structurally growing and resilient markets;
  • Its value-added proposition to both a large number of ingredient manufacturers and a highly diversified end-customer base;
  • Significant buy and build opportunities in a highly fragmented market. Barentz has a proven track record of executing and integrating acquisitions;
  • Strong historic financial performance and cash generation;
  • Opportunities to accelerate the growth of the business through investment in the Group’s infrastructure as well as R&D capabilities; and
  • Highly experienced management team, led by CEO Hidde van der Wal.”

No financial details were disclosed on the transaction. Completion is subject to customary conditions including competion clearances, Cinven said in the statement.

 

Source: Cinven press release

 

HGE – DCG / 27.11.2019

DKSH acquires Dutch Distributor Dols International B.V.

Performance Materials BU enhances European Footprint for Speciality Chemicals into Paints & Coatings

Speciality chemicals  distributor DKSH AG (Zurich, Switzerland) has announced the acquisition of Dols International B.V.  (Roermond, The Netherlands). The company, which was founded in 1989, has a turnover just shy of EUR 10 mn. DKSH says the acquisition will be immediately earnings accretive, due to its “sound profitability.” The current management team the employees will join DKSH’s Business Unit Performance Materials.

The product portfolio of Dols International includes Pigments, Binders and Additives for use in Paints & Coatings, Adhesives, Plastics and Construction applications. The company represents a number of international producers and serves more than 200 customers . It also formulates products in an in-house laboratory, which will convert to a DKSH Innovation Center, expanding the network to 40 centers worlswide, DKSH said.

No financial details were disclosed on the transcation.

Source: DKSH press release

HGE / DCG – 27.05.2019