Frankfurt-based private equity firm VR Equitypartner and BIP Investment Partners of Luxembourg have sold their jointly-held portfolio company LEUNA-Tenside to US firm Vantage Specialty Chemicals Holding Inc.
Homburg & Partner (H&P) advised VR Equitypartner and BIP Investment Partners as part of the transaction process and conducted the Commercial Vendor Due Diligence.
VR Equitypartner is an equity capital financier in Germany, Austria and Switzerland with a focus on family-owned SMEs. BIP Investment Partners is part of the BIP Group and operates throughout Europe (particularly in Germany, Austria, Switzerland, France, Belgium and Luxembourg) across a range of sectors.
LEUNA-Tenside is a global chemicals company and market leader in niche, specialty surfactant production. Surfactants are vital ingredients utilised in the manufacturing of a wide range of products for daily use across personal care, consumer goods, as well as industrial applications. LEUNA-Tenside was founded in 1995 as part of the management buyout of a business division of the former Leuna Werke and has various large-scale chemical plants on an area of around 100,000 m².
H&P is a specialised management consulting firm with a dedicated focus on market strategy, sales and pricing. In April 2018 H&P received the magazine brand eins’ ‘beste berater’ (best consultant) award for the fourth consecutive time, and the ‘Best of Consulting’ award from ‘WirtschaftsWoche’ in 2016 and 2017.
