CABB acquires Kemfine
German specialty chemical firm CABB (Sulzbach am Taunus) has acquired Finnish specialty chemical company KemFine (Helsinki). Both firms are engaged in contract manufacturing of agrochemicals and intermediates. CABB is a portfolio company of European private equity firm Bridgepoint Capital Group while KemFine belonged to private equity firm 3i Private Equity. “KemFine is an outstanding company with more than ten years of solid growth and, by combining CABB and KemFine, Bridgepoint will create a business with highly complementary customers, chemistries and technologies with the prospect of becoming an undisputed leader in its field,” says director at investment bank The Valence Group, Anton Ticktin. The bank advised CABB on the acquisition. Terms were not disclosed.