May 11, 2008
On May 9, it was announced that Willkie client 3i and funds managed by 3i signed a €133 million agreement to back the buyout of DruckChemie, a specialty service provider to the printing industry, from SG Capital Europe and Quartus. Ammerbuch, Germany-based DruckChemie provides the printing industry with specialty chemicals, consumables and services such as regular deliveries, on site inventory management and waste collection. It operates 24 outlets across 10 European countries and Brazil, serving more than 6,000 customers. Private equity firm 3i has considerable experience investing in the printing and business services sectors.
Its investment will help DruckChemie to develop strong market positions across all major European markets and will provide the chemical service company with the ability to access previously untapped markets such as the U.S. or Asia and add more technologically advanced products to its portfolio.
The deal was handled by partners Mario Schmidt, Eduardo Fernandez and Cédric Hajage; national partners Dr. Stefan Jörgens, Rolf Hünermann and Dr. Christian Rolf; and associates Ole Oldenburg, Ingo Bednarz, Charles Cardon, Julie Herzog, Charlotte Lambert, Jennifer Diedrichsen, Heidi Landauer, and Dr. Rouven Redeker.
