ARX invests in Bochemie Group
ARX Equity Partners has taken a minority stake in Czech chemicals company Bochemie Group.
The amount of the investment was not disclosed. ARX joins existing shareholder Benson Oak Capital, which took a majority stake in Bochemie in 2007.
ARX belives Bochemie shows strong prospects for both organic growth and acquisitions in the CEE region.
Founded in 1994, Bochemie Group is a producer of household care products. Its key brands include Savo, which is sold in the Czech Republic and Slovakia, and Ultra in Hungary. Bochemie is also a global supplier of high value-added specialty chemicals, including disinfectants, fungicides, metal surface treatment chemicals and accumulator masses. The group's 2010 revenues are expected to reach €70m.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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