January 5th, 2015
The Valence Group has advised CBPE Capital (“CBPE”) on its sale of Warwick Chemicals to Lubrizol Corporation, a Berkshire Hathaway company, which closed on December 31, 2014.
Headquartered in Mostyn, North Wales, Warwick Chemicals is a leading global developer, producer and supplier of stain removal technology with hygiene benefits, and has strong positions with global and regional detergent producers. Their products are an essential element in laundry detergent powders and automatic dishwashing products used across five continents and in more than 50 countries.
Warwick Chemicals will retain its company name and will become part of Lubrizol Advanced Materials, reporting into Lubrizol’s personal and home care business. This acquisition will complement Lubrizol’s existing home care product line, strengthening its strategy of providing high-value technology solutions to its global customers.
Financial terms of the transaction were not disclosed.
About CBPE Capital
CBPE Capital is a leading private equity firm with eight funds raised over 30 years. It is currently investing its latest fund, which closed in February 2010 at £405m. Investments are typically made in companies seeking growth or development capital, with an enterprise value of up to £150m.
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.