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Business
Aurelius Acquires KemFine’s U.K. Unit
by Michael McCoy
November 29, 2010
| A version of this story appeared in
Volume 88, Issue 48
The German private equity firm Aurelius has acquired KemFine UK from Finland’s KemFine Group. Based in Grangemouth, Scotland, KemFine UK produces fine chemicals for agrochemical, pharmaceutical, and specialty chemical customers. Its sales last year were about $65 million. KemFine Group, once part of Kemira, bought the U.K. business from Avecia in 2005. The deal is the second in fine chemicals for Aurelius. In February, it acquired Isochem from France’s SNPE.
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