Arx Equity Partners, the Central and Eastern European focused private equity investment firm, has joined current owner Benson Oak Capital as investor in the Bochemie Group, a producer of household care products and a manufacturer of specialty chemicals.
Arx will take a minority stake in the group.
The investment by Arx is intended to support and facilitate Bochemie’s strategy to continue to deepen and widen its business activities via acquisitions, in particular in the Central and Southeastern European household care sector, by bolstering available financial resources.
“We gladly welcome an investor with a proven track record and intimate knowledge of the geographies where we wish to expand our key businesses,” saysLadislav Kraus, the chief executive of Bochemie Group.
Brian Wardrop, co-managing partner of Arx Equity Partners, adds: “Bochemie has a tremendous opportunity to grow both organically and via acquisitions in the CEE region, and we are keen to support Benson Oak Capital and Group management in their pursuit of these objectives.”
