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.