Deal Announcement December 2019

Elementis plc, UK sold SRL Dental GmbH (“SRL”), Germany to Fidelium GmbH, a private equity investor. SRL is a key player in gypsum and investment materials with a focus on the dental industry in Germany and Western Europe.

SRL’s current business began with a patent for the production of alpha hemihydrate in the mid 1900s. The products were originally used in the building industry, although the array of applications has expanded to specialties for dental and technical applications.

The deal includes the production plant in Ludwigshafen, Germany where the production of plasters, resins, investment materials and synthetic calcium sulphates occurs with a workforce of  approximately 57 employees.

Elementis plc is a global speciality chemicals company that offers performance-driven additives that help create innovative formulations for consumers and industrial applications. They employ over 1,300 people at more than 30 locations worldwide and reported sales of USD 874mn in 2019.

Fidelium is an internationally oriented private equity firm backed by a number of German business families and focuses on acquisitions with significant value-creation potential which can benefit from Fidelium’s operational engagement.

Role of Capital Concepts International AG (CCI)

CCI acted as exclusive M&A Advisor to Elementis plc in the preparation, negotiation and execution of the sales process of SRL.

About CCI

CCI is an independent corporate finance advisory firm founded in 1999 advising on medium sized transactions with a focus on German-speaking Europe.

CCI has an established track record advising well-known privately held and publicly quoted companies as well as entrepreneurs.

Closing

December 2019

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