NVM supports CBio MBO

According to NVM, thanks to more stringent enforcement of rules by water companies and the Environment Agency, CBio is well-placed to take advantage of increased demand in this immature market.

Furthermore, CBio has recently doubled its European exports following several large orders from Lithuania for its UK patented pro-biotic cleaning products, which are used in multi-surface and toilet cleaners.

NVM believes there is a strong likelihood of environmentally-friendly products replacing traditional cleaning products across the Baltic region.

Company
Based in Stockton-on-Tees, CBio initially provided nitrifying bacteria to water treatment plants when it was first established in 1992. Today, the company develops fermented bacteria for use in a range of biological products, which naturally erode organic pollutants including grease, fat, oil, diesel, uric acid and limescale. 

CBio targets food, oil and grease management and typical customers include supermarkets, restaurants, hotels, pubs and local authorities.

People
CBio is led by managing director Ben Hoskyns and development director Tony Brooke. Mauro Biagioni is a director at NVM.

Advisers
Equity – Tait Walker, Michael Smith, Mike Russell (Corporate finance); Bond Dickinson, Alistair Scott-Somers, Jamie Pass (Legal); BDO, Kevin Schofield, Simon Pringle (Commercial due diligence); Matt Copley, Matthew Whitehead (Financial due diligence); Continuum, Steve Wycherley (Management due diligence); Aon, John Donald (Insurance due diligence).
Management – Square One Law, Mark Lazenby, Marie-Louise Bozonet (Legal).

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• Buyouts
• UK / Ireland
• Industrials
• NVM Private Equity