The acquired company focusses on chemical distribution of both speciality as well as commodity products. The chemical distribution company has been build up over a period of almost 20 years by the owners. After much hard work the owners of the chemical distribution company were planning their retirement.
The buyer is a large-sized local chemical group that wants to grow via acquisitions. The buyer focuses on master batches and specialties businesses in both Australia and New Zealand. The synergies are in four market segments that include water treatment, soil remediation, energy and utilities, and pulp and paper. Further, there is a strong cultural alignment between the two companies.
The CFIE chemical distribution M&A team helped the chemical distribution seller in sourcing suited buyers globally. Based on the profile of the chemical distribution company chemical buyers with limited or no principal issues were identified. The slight focus on chemical commodity products made that the buyers list was oriented in that direction.
The CFIE chemical distribution M&A team has a good direct contact to chemical distribution business buyers and can support sellers in a business sale of chemical distribution companies. Peter Schouten and Govert Derks have scouted the target chemical distribution buyers. After initiating the talks and negotiations between the chemical distribution target company and the acquirers the local buyer had the highest appetite and the best cultural fit.
Feel free to contact us for further details about this chemical distribution business sale. If you are looking for a business sale of a chemical distribution company it is also good to contact us. We know many available chemical distribution buyers and would be able to bring the ones that suit you. Please get in touch via the contact form at the right side of this page so we can explain how we can help you in the area of chemical distribution business sales or acquisitions.