Dussur Acquires Minority Stake in Italmatch Chemicals from Bain Capital
December 9, 2022
Saudi industrial investor Dussur has signed an agreement to acquire a minority stake (expected to be less than 20%) in Italmatch Chemicals from Bain Capital Private Equity and will invest an additional €100 million via a capital increase. The transaction, expected to close in H1 2023 subject to customary approvals, aims to strengthen Italmatch's presence in the Middle East and support regional localization and growth.
- Buyers
- Dussur (The Saudi Arabian Industrial Investments Company)
- Targets
- Italmatch Chemicals
- Sellers
- Bain Capital Private Equity
- Industry
- Manufacturing
- Location
- Liguria, Italy
- Transaction Type
- Growth capital
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