Grupo ADI acquired a majority stake of WET

Bhuruka Gases Limited, an Indian supplier of specialty, rare, industrials and liquid gas products owned by the Agarwal family, entered into a strategic partnership with SOL S.p.A, based in Italy.

The shareholders of G.F. S.r.l. (“GF Garden”), an historical manufacturer of garden equipment in Italy, sold 100% of the share capital to EXEL Industries, the French listed global leader in spraying solutions.

Blanchon Group, a French wood coatings specialist, accelerated its international expansion with the acquisition of Debal Finance (known by the brand name Ciranova).

Blanchon Group, a French leader in woodcare solutions, acquired the Dutch company Rigo Verffabriek.

ReMat Zrt., Hungary’s market leading plastics recycling company, was sold to MOL Group.

REPOLY, a specialist manufacturer of technical & customized compounds in recycled polypropylene, was sold to Infinex, a group of companies focused on plastics processing, in particular extrusion-based processes.

Clairfield advised the management of friedola TECH GmbH (“con‐pearl”), a plastics company, on management incentive schemes and process issues during its sale to Blue Cap AG, a German‐listed industrial holding company. The company was sold by Kleiner Perkins and Silverlake, two US private equity and venture capital investors focusing on technology investing.

Clairfield Spain advised Grupo ADI in its acquisition of Quaternia. Both companies are active in the chemical distribution market and ADI will now have combined sales in excess of €55 mn. ADI is active in the textile sector while Quaternia is active in the personal care, cosmetic and detergent segments.

Ajinomoto Co, a global manufacturer of seasonings, processed foods, beverages, amino acids, pharmaceuticals, and specialty chemicals, through its Belgian subsidiary Ajinomoto OmniChem N.V., acquired a majority stake in Agro2Agri S.L. , a Spanish agrochemical consortium specialized in the production of bio stimulants.