Permira acquires CABB from Bridgepoint

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.

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).