Manuchar has been acquired by Lone Star
Ackermans & Van Haaren has sold distribution company Manuchar to private equity firm Lone Star Funds.
Manuchar is a distributor of chemical products in emerging markets and handles over 5 million metric tonnes of goods per year. The company complements its chemicals distribution activities with international trade services in steel, polymers, and other raw materials. Manuchar's end-to-end chemical distribution business serves various industries, including home care, personal care, food & feed, agriculture, mining, oil & gas, glass, textiles, paper, and water treatment. Its international trade activities cover steel, plastics, cement, wood, paper, spare parts, and pharmaceuticals. Manuchar is based in Merksem, Belgium.
Rothschild & Co advised on the sale of this transaction. For further detail please contact Graham Carberry.