Permira, the global private equity firm, announced today that a company backed by the Permira funds has entered into a definitive agreement to acquire Evonik Jayhawk Fine Chemicals Corporation (“Jayhawk”), one of the leading fine chemicals companies in the US, from Evonik Industries AG (“Evonik”) for a high double-digit million USD amount.
Sebastian Hoffmann, Principal and member of the Industrials Team at Permira, said: “We are looking forward to successfully growing the Jayhawk business further. Together, CABB (an existing Permira portfolio company) and Jayhawk will provide a seamless transatlantic product and service offering, which will benefit existing and prospective clients of both companies through a broader geographic reach and further enhanced custom manufacturing solutions."
Click below to download the full release.
