M&A Deal Summary

Berger Paints India Pvt Acquires Bolix S.A.

On April 29, 2008, Berger Paints India Pvt acquired chemicals company Bolix S.A. from Advent International for 38M USD

Acquisition Highlights
  • This is Berger Paints India Pvt’s 1st transaction in the Chemicals sector.
  • This is Berger Paints India Pvt’s largest (disclosed) transaction.
  • This is Berger Paints India Pvt’s 1st transaction in Poland.

M&A Deal Summary

Date 2008-04-29
Target Bolix S.A.
Sector Chemicals
Buyer(s) Berger Paints India Pvt
Sellers(s) Advent International
Deal Type Add-on Acquisition
Deal Value 38M USD

Target

Bolix S.A.

Zywiec, Poland
Bolix S.A. provides construction chemicals business and Poland's second-largest manufacturer of exterior finish insulation systems.

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Buyer(S) 1

Buyer

Berger Paints India Pvt

Kolkata, India

Category Company
Sector Chemicals
DESCRIPTION

Berger Paints India Ltd. is one of India's largest paint manufacturers.


DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Poland) 1 of 1
Year (2008) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 76.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 98 of 220
Sector (Chemicals) 2 of 7
Type (Add-on Acquisition) 38 of 81
Country (Poland) 4 of 7
Year (2008) 4 of 8
Size (of disclosed) 48 of 52
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-08 Jacobs Rimell

London, United Kingdom

Jacobs Rimell Ltd is a Online provisioning and management solutions for large-scale Internet service and infrastructure providers.

Sell $45M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-30 Gerard Darel

Paris, France

Gerard Darel is a designer, retailer, and distributor of high-end womenswear and leather goods. Gerard Darel was founded in 1971 and is based in Paris, France.

Buy -