Acquisition of Nordisk Aluminat by Alumichem Corp.

Sector(s)
Industrials
Deal type
Buy a business
Date
January 2017
Countries involved
Nordics / Canada

Client

Alumichem Corp. is a Danish/Canadian joint-venture investor targeting specialty chemical and water treatment companies.

Deal

Capitalmind advised Alumichem Corp. on the acquisition of Nordisk Aluminat A/S

Parties

Lead team

  • Stig Madsen Lachenmeier

    Stig Madsen Lachenmeier

    Managing Partner Nordics

What we did

Capitalmind advised the Canadian/Danish buyer on the acquisition of Nordisk Alumunat A/S. Our advise included review of business case, deal tactics, transaction structuring, negotiations, and raising of bank financing in an competitive process. Capitalmind also supported the buyer in coordinating the due diligence process and preparing the closing statements together with input to the legal documents.

What we did

Founded in 1991, Nordisk Aluminat A/S is a leading manufacturer of aluminates utilized in the water treatment industry as well as a manufacturer of concrete accelerators, specialty chemicals for dust suppression and environmentally friendly de-icing applications. Nordisk Aluminate A/S has an international client base including some of the world’s leading chemical and pharmaceutical companies. Amidyne Group Inc. (Canada) is distributing products similar to Nordisk Aluminate in Northern America and with the acquisition the group can switch to own products and give access to the huge American market.