Ardian acquires two business units from DPX Holdings

The GP plans to implement strategic acquisitions and expansion into new markets.

Ardian recently bought a majority stake in Italian baking ingredients and ice cream business IRCA Group and invested €2.5m for a minority stake in French online retailer Bricoprivé.

Company
DPX Fine Chemicals is based in Linz, Austria, and is owned by private equity firm JLL Partners and life sciences and materials company Royal DSM.

The agrochemicals branch develops and produces chemical intermediate products for agriculture and other industries. The fine chemicals branch produces maleic anhydride, intermediates, derivatives and esters. Both branches had combined sales of around €200m in 2014 and employ 390 people.

People
Wolfgang Pietzsch is managing director at Ardian. Wolfgang Hillisch is current managing director and designated CEO of the two divisions being acquired by Ardian.

Advisers
Equity- EY (M&A); Willkie Farr & Gallagher (Legal); Binder Groesswang (Legal); EY (Tax); EY (Financial due diligence); Arthur D. Little (Commercial due dilligence); Willis (Insurance due diligence); Golder Associates (Environmental due diligence); ChemAdvice (Operational due diligence)
Vendor - Rothschild (M&A); Schoenherr (Legal); Hill Smith King & Wood (Legal); Deloitte (Financial due diligence)

 

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• DACH
• Industrials
• Buyout
• Exits
• Austria
• Partial sale