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Sydsvenska Kemi

Status
Realised
Country
Sweden
Strategy
Mid Cap
Sector
Industrials
Entry
Jun-01
Exit
Dec-05
Fund
IK 2000

World leading producer of specialist chemicals

Sydsvenska Kemi is a global leading specialty chemicals group consisting of the former businesses of Perstorp AB and Neste Oxo. The company has strong positions in selected niche segments, with a focus on value-added additives, coating intermediates and formaldehyde technology.

The Group was formed in June 2001, following the IK 2000 Fund’s public-to-private acquisition of Perstop AB and Fortum Oyj (acquired November 1999 as a part of Neste Oxo). IK exited in December 2005, selling its stake to PAI Partners.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Focus on specialty chemicals and divest non-core assets;
  • Increase focus on value-added products in targeted customer segments;
  • Integrate Perstorp and Neste Oxo and bring forth synergies; and
  • Achieve operating performance improvements.