The Valence Group has acted as M&A advisor for a company backed by the Permira funds on its acquisition of CABB Group from private equity firm Bridgepoint. The transaction is expected to complete in June 2014, subject to regulatory approvals and customary closing conditions.
CABB is a vertically integrated global supplier of fine and specialty chemicals, and custom manufacturing solutions. The company is one of the leading suppliers of custom synthesized active ingredients and intermediates for the agrochemical and other end markets, and is the leading supplier of monochloroacetic acid (“MCA”), a chemical intermediate used in a variety of applications including agrochemicals, pharmaceuticals, cosmetics, flavors, fragrances, vitamins and surfactants. Headquartered in Sulzbach, near Frankfurt, Germany, CABB employs around 1,000 people, operates six production sites in Germany, Switzerland, Finland, India and China, and generates revenues of approximately €450 million (~$620 million).
About The Valence Group
The Valence Group is a specialist investment bank offering M&A advisory services exclusively to companies and investors in the chemicals, materials and related sectors. The Valence Group team includes a unique combination of professionals with backgrounds in investment banking and strategic consulting within the chemicals and materials industries, all focused exclusively on providing M&A advisory services to the chemicals and materials sector. The firm’s offices are located in New York and London.
Permira is a private equity firm with a European heritage and a global reach. The firm advises funds with a total committed capital of approximately €24 billion. The Permira funds, raised from pension funds and other institutions, make long-term investments in companies with the ambition of transforming their performance and driving sustainable growth. The firm’s teams are based in Frankfurt, Guernsey, Hong Kong, London, Luxembourg, Madrid, Menlo Park, Milan, New York, Paris, Stockholm and Tokyo. They specialize in five key sectors of activity: Consumer, Financial Services, Healthcare, Industrials and TMT. The Permira Funds have made over 200 private equity investments since 1985 and are currently invested in 24 companies. Recent industrial and chemical investments include Netafim, Arysta, BakerCorp and Intelligrated. For more information visit: www.permira.com