M&A Deal Summary

CVC Capital Partners Acquires Taminco

On July 4, 2007, private equity firm CVC Capital Partners acquired chemicals company Taminco from Taros Capital for 800M EUR

Acquisition Highlights
  • This is CVC Capital Partners’ 7th transaction in the Chemicals sector.
  • This is CVC Capital Partners’ 36th largest (disclosed) transaction.
  • This is CVC Capital Partners’ 5th transaction in the United States.
  • This is CVC Capital Partners’ 1st transaction in Pennsylvania.
Investment Fate
  • Taminco was sold to a consortium of financial buyers in 2011 for 1.2B EUR.
  • Taminco went public in 2013.
  • Taminco was sold to a strategic buyer in 2014 for 2.8B USD.

M&A Deal Summary
Date 2007-07-04
Target Taminco
Sector Chemicals
Buyer(s) CVC Capital Partners
Sellers(s) Taros Capital
Deal Type Secondary Buyout
Deal Value 800M EUR

Target

Taminco

Allentown, Pennsylvania, United States
Taminco is a global specialty chemical company, with a clear focus on niche markets. Taminco is the world's leading producer of alkylamines & derivatives and a major producer of formic acid & derivatives, supplying diversified, global end markets. Taminco's products are used by customers in the manufacture of a diverse array of products for the agriculture, animal nutrition, water treatment, personal & home care and oil & gas end-markets, and its products provide these goods with a variety of ancillary characteristics required for optimal performance. Taminco currently operates in 23 countries with eight production facilities.

Search 200,291 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

CVC Capital Partners

Luxembourg, Luxembourg

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1981
PE ASSETS 177.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CVC Capital Partners is a global private equity firm focused on investments in large companies located in Europe, North America, and Asia. CVC looks for opportunities with stable cash flows and talented management, and will consider businesses in a variety of industries. Target sectors include textiles, industrial products, waste management, building materials, energy/utilities, business services, financial services, distribution, healthcare, media, semiconductors, and gaming. CVC can handle transactions valued from €200 million to €10 billion. CVC Capital Partners was formed in 1981 and is based in Luxembourg.

DEAL STATS #
Overall 112 of 323
Sector (Chemicals) 7 of 11
Type (Secondary Buyout) 10 of 76
State (Pennsylvania) 1 of 4
Country (United States) 5 of 44
Year (2007) 8 of 15
Size (of disclosed) 36 of 56
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-01 Rhiag Group

Baar, Switzerland

Rhiag Group Ltd. is the distributor of branded automotive spare parts in the independent Italian aftermarket and one of the largest players across Eastern Europe where it operates through a network of subsidiaries.

Sell €570M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-10 DYWIDAG

Luxembourg, Luxembourg

DYWIDAG is a provider of strata, geotechnical and post-tensioning control systems. Its products, which include bars, strands, wires, and meshes, are used in the construction, mining, tunnelling and civil engineering industries. DYWIDAG was formed in 1979 and is based in Luxembourg.

Buy €1.0B

Seller(S) 1

SELLER

Taros Capital

Amsterdam, Netherlands
Category Private Equity Firm
Founded 1999
PE ASSETS 550M EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Taros Capital is a private equity firm focused on investing in 'healthy', established, and profitable businesses headquartered in the Netherlands, Germany or Belgium. Taros looks to invest in companies valued from €25 to €350 million with at least €5 million in EBITDA. Targeted transactions include corporate spin-offs, public to privates, secondary buyouts, investor buy-ins, and family/founder sales. Sectors of interest include automotive, industrial parts and equipment, chemicals, business services, leisure, and marketing. Taros Capital was formed in 2005 when the buyout team completed its spin-off from AlpInvest Partners N.V. The Group is headquartered in Amsterdam, with additional offices in Antwerp and Frankfurt.

DEAL STATS #
Overall 7 of 11
Sector (Chemicals) 2 of 2
Type (Secondary Buyout) 3 of 6
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2007) 4 of 5
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-10 Essmann

Bad Salzuflen, Germany

Essmann is a leading system supplier for day lighting, ventilation and smoke extraction products as well as water drainage products in particular for flat roofed industrial buildings. Essmann is clear market leader in Germany and holds a strong position in France.

Sell €110M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-22 ReMark International B.V.

Amstelveen, Netherlands

Remark Group organises, designs and executes direct marketing campaigns to sell simple insurance products. Remark Group runs around 300 campaigns a year, each of which last about two to three months.

Sell -
Mergr

Product

Company

Legal