The Firm

Calibre Chemicals acquires RheinPerChemie from Evonik Industries

  • Ca­li­bre Che­mi­cals Pvt Ltd., In­dia ac­qui­res 100% of the sha­res of Rhein­Per­Che­mie GmbH
  • With the ac­qui­si­tion of Rhein­Per­Che­mie, Ca­li­bre be­co­mes a glo­bal full-ser­vice supplier of per­sul­fa­tes
  • Eb­ner Stolz pro­vi­ded com­pre­hen­sive mul­ti­di­sci­pli­nary ad­vice to the buy-side

Stutt­gart, Sep­tem­ber 22, 2022 - The au­diting and con­sul­ting firm Eb­ner Stolz has ad­vi­sed Ca­li­bre Che­mi­cals Pvt Ltd., In­dia (Ca­li­bre) with a mul­ti­di­sci­pli­nary team on the ac­qui­si­tion of all sha­res in Rhein­Per­Che­mie GmbH (RPC).

Ca­li­bre, an Ever­stone Ca­pi­tal con­trol­led port­fo­lio joint ven­ture with the foun­der, Ran­jit Bhav­nani’s fa­mily, is a spe­cialty che­mi­cals com­pany that ma­nu­fac­tures pro­ducts for cu­st­omers in the nut­ri­tion, phar­maceuti­cal, per­so­nal and con­su­mer care, in­dus­trial and ae­ro­space mar­kets. Ca­li­bre is one of In­dia's lar­gest ma­nu­fac­turers of per­sul­fa­tes, perchlo­rate and io­dine de­ri­va­ti­ves. The com­pany is a pre­fer­red part­ner for cu­st­omers in over 100 coun­tries.

Sin­ga­pore-ba­sed Ever­stone Ca­pi­tal, the pri­vate equity arm of Ever­stone Group, is one of Asia's lea­ding in­vest­ment firms fo­cu­sed on in­ves­ting in busi­nes­ses that have a ne­xus to In­dia and Sou­theast Asia. Foun­ded in 2006 and head­quar­te­red in Sin­ga­pore, the firm ma­na­ges ap­pro­xi­mately USD 7 bn in as­sets.

Since Fe­bru­ary 2020, RPC has been part of Evo­nik In­dus­tries AG, one of the glo­bal mar­ket lea­ders in spe­cialty che­mi­cals. RPC was foun­ded in 2002 fol­lo­wing the sale of the Rhein­fel­den pro­duc­tion site by De­gussa AG to Uni­onchi­mica S.p.A. RPC's pro­ducts, mainly am­mo­nium per­sul­fate and so­dium per­sul­fate, are used in en­viron­men­tal pro­tec­tion, oil and gas pro­duc­tion, pulp and pa­per, che­mi­cal syn­the­sis and other in­dus­trial and con­su­mer ap­pli­ca­ti­ons.

With the ac­qui­si­tion of RPC, Ca­li­bre be­co­mes a glo­bal full-ser­vice per­sul­fa­tes supplier while ex­pan­ding its po­si­tion in the Eu­ro­pean mar­ket. The ac­qui­si­tion of RPC will enable Ca­li­bre to of­fer cu­st­omers best-in-class pro­ducts and ser­vices es­pe­cially in the key mar­kets of Eu­rope. Ca­li­bre plans to fur­ther strengt­hen ma­nu­fac­tu­ring at RPC and add new per­sulp­ha­tes ca­pa­city in other geo­gra­phies.

Eb­ner Stolz hand­led the re­le­vant fi­nan­cial, tax and le­gal as­pects of this tran­sac­tion and the pre­ce­ding due di­li­gence with a mul­ti­di­sci­pli­nary ap­proach from a sin­gle source. In ad­di­tion to the fi­nan­cial, tax and le­gal due di­li­gence, Eb­ner Stolz also sup­por­ted the ent­ire pro­cess up to the si­gning of the purchase agree­ment.

Team Eb­ner Stolz: Dr. Chris­toph Ep­pin­ger (Pro­ject-lea­ding Part­ner, Tran­sac­tion Ad­vi­sory Ser­vices), Flo­rian Sei­zer (Pro­ject Ma­na­ger), Va­nessa Wag­ner (all Fi­nan­cial Due Di­li­gence), Alex­an­der Eu­ch­ner (Pro­ject-lea­ding Part­ner, Tax), To­bias Schupp (Pro­ject Ma­na­ger), Anna Blank (all Tax Due Di­li­gence), Dr. Chris­toph Wink­ler (Pro­ject-lea­ding Part­ner, M&A Le­gal), Fe­lix Müller-Stieß (Pro­ject Ma­na­ger), An­dreas Panz, Antje Kurz, Mar­kus Maier (all M&A Le­gal, Le­gal Due Di­li­gence, Cor­po­rate), Chris­tine Die­ner, Yvonne Hundsdörf­fer (both Le­gal Due Di­li­gence, Com­mer­cial), An­dreas Häußer­mann, Hanna Mi­chel (both Le­gal Due Di­li­gence, Real Es­tate), Ma­rius Hei­del­ber­ger (Le­gal Due Di­li­gence, IP and IT), Oli­ver Leicht, Jes­sica Kie­fer (both Le­gal Due Di­li­gence, Em­ploy­ment), Na­dine Bläser, Edu­ard En­gel­mann (both An­ti­trust).

Press contact

Hen­ning Mar­bur­ger
Eb­ner Stolz
Holz­markt 1
50676 Co­lo­gne
Phone +49 221 20643-628

Firm contact

Dr. Chris­toph Ep­pin­ger
Eb­ner Stolz
Kro­nen­straße 30
70174 Stutt­gart
Phone +49 711 2049-1409

About Ebner Stolz

Eb­ner Stolz is one of the lar­gest in­de­pen­dent mid­mar­ket au­diting and con­sul­ting firms in Ger­many and ranks among the top ten in the in­dus­try. The firm has de­ca­des of in-depth ex­pe­ri­ence in au­diting, tax con­sul­ting, le­gal con­sul­ting and ma­nage­ment con­sul­ting. This broad spec­trum is of­fe­red by 1,900 em­ployees in the ty­pi­cal mul­ti­di­sci­pli­nary ap­proach in all ma­jor Ger­man ci­ties and busi­ness cen­ters. As a mar­ket lea­der in the SME sec­tor, the firm pri­ma­rily ser­ves mid-si­zed in­dus­trial, com­mer­cial and ser­vice en­ter­pri­ses of all si­zes and in every sec­tor.

Eb­ner Stolz con­ducts cross-bor­der au­dit and con­sul­ting en­ga­ge­ments to­ge­ther with part­ners from Ne­xia In­ter­na­tio­nal, one of the world's ten lar­gest net­works of con­sul­ting and au­diting firms. Th­rough Ne­xia, Eb­ner Stolz is re­pre­sen­ted in over 125 coun­tries with 790 of­fices.

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