Permira plans acquiring CABB International in June 2014

Permira to acquire CABB International, manufacturers of fine chemicals

12:26 PM, 22nd April 2014
Permira plans acquiring CABB Internationa

FRANKFURT, GERMANY: Permira, the European private equity firm with global reach, announced that a company owned by the Permira funds has entered into an agreement to acquire CABB International, one of the leading manufacturers of fine chemicals from Bridgepoint. The transaction is expected to complete in June 2014, subject to regulatory approvals and customary closing conditions.

“CABB is perfectly positioned as a leading global supplier of fine chemicals, specialty chemicals and intermediates to a variety of growing global industries including the agrochemicals industry, which we know well. We will leverage our long-standing expertise of the chemicals and agrochemicals industries built through our funds’ investments in Cognis and Netafim among others to support CABB’s ambitious growth strategy in the years ahead,” said Torsten Vogt, Co-Head of the industrial team, Permira.

 

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