AUCTUS has sold Abieta to Arizona Chemical
AUCTUS Fonds sold Abieta Chemie GmbH Gersthofen, Germany, to a subsidiary of Arizona Chemical Company Jacksonville, Florida, a portfolio company of Rhone Capital III L.P.
Abieta Chemie GmbH specialises in developing and manufacturing resin based emulsifying agents and other preliminary products for the chemical industry. The major customers are the plastics and rubber industries as well as producers of colour pigments and glues.
Arizona Chemical is the world’s largest producer of naturally derived specialty resins and pine-based chemicals for the adhesives, inks and coatings and oleochemicals markets. The company employs approximately 1,500 people worldwide with 11 manufacturing facilities in the United States of America and Europe.
Lincoln International AG was assigned as exclusive sell-side advisor by AUCTUS.
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