Pemberton, a European private debt manager, is to provide a refinancing package to support growth trajectory of PLIXXENT, a German headquartered polyurethane systems business.
The firm was carved out from listed business Covestro AG in 2019, and is now majority owned by alternative investment firm HIG Capital.
Following two acquisitions, PLIXXENT now has six production sites across Europe and its polyurethane systems are used in both, flexible and rigid foam applications across a variety of industries including energy, insulation, footwear, appliances, construction, furniture and transportation.
