CU Chemie Uetikon Sold to Novacap

Private equity investor Equistone Partners Europe has sold its majority shareholding in German fine chemicals and pharmaceutical ingredients manufacturer CU Chemie Uetikon for an undisclosed sum to French pharmaceuticals and chemicals producer Novacap.

The transaction is subject to approval by the relevant competition authorities.

Based at Lahr, near the Swiss border, CU Chemie Uetikon specializes in custom synthesis of complex multi-step intermediates and pharmaceutical substances, supplying leading global pharmaceutical companies from its cGMP multi-purpose production facilities.

Equistone acquired a majority shareholding in the fine chemicals producer as part of a management buyout in November 2011. In the interim, the company has grown into a global player with annual sales revenue of around €40 million Euros and around 135 employees.

"Since taking a shareholding in CU Chemie Uetikon, we have specifically enhanced and expanded the management team and have invested in a sustainable strategy for growth," said Philippe Stüdi, Equistone's managing director, Switzerland.

"Since the acquisition in 2011, Equistone has consistently given us valuable input that has helped drive our growth," said CU Chemie Uetikon CEO Thomas Seeler. "As the new owner, Novacap will now be able to build on this foundation in order to conquer new market segments."

Free Virtual Event

Sustainability in Bioprocessing
Bioprocess Forum

Sustainability in Bioprocessing

Join us to explore hot topics in sustainable bioprocessing like the industrial potential of enzymatic synthesis, innovative biocatalysis techniques, and the use of digital twins in bioprocessing.

Interview

Specialty Chemicals in a Shifting World
Adapting to Tariffs and Strengthening Regional Networks

Specialty Chemicals in a Shifting World

Jennifer Abril, President & CEO of SOCMA, discusses the impact of new tariffs and the importance of regional supply networks in the specialty chemical industry.