NB Renaissance and Chequers Capital are to sell the Biolchim Group (Biolchim), an Italy-based global producer and distributor of a specialty fertilisers, to JM Huber Corporation, one of the largest US family-owned companies whose products are used in a broad range of applications including agriculture, food and beverage, personal care, building materials and other.
NB Renaissance and Chequers Capital are to sell the Biolchim Group (Biolchim), an Italy-based global producer and distributor of a specialty fertilisers, to JM Huber Corporation, one of the largest US family-owned companies whose products are used in a broad range of applications including agriculture, food and beverage, personal care, building materials and other.
Biolchim, managed and headed by Galileo Quattro SARL, is specialised in the production of a full range of branded specialty fertilisers with a particular focus on biostimulants.
The NB Renaissance and Chequers’ tenure marked a period of strong growth for Biolchim, with the Group doubling in size since 2016 and revenues and EBITDA in 2021 respectively approaching €140 million and €33 million. This performance was driven by the improved product mix towards highly-specialised products, the expansion of the Company’s international presence through subsidiaries opened in Central and South America, Asia, Australia and New Zealand and the development of Biolchim’s international sales organisation. The Group continues to experience strong performance with double-digit growth also in 2022.
Leonardo Valenti, CEO of the Biolchim Group since 2008 and a pioneer in the plant nutrition industry, will remain committed to lead the Biolchim Group through the next phase of growth.
