Jamieson advised the management team of Italian chemicals maker, Italmatch, on the acquisition of the business by Bain Capital from French investor Ardian.
Founded in 1997 by its Chief Executive Sergio Iorio, Italmatch sells a range of chemicals from industrial lubricants to personal care products. The Genoa-based company, which generated sales of approximately €400 million last year, has 17 manufacturing sites and 780 employees across Europe, the U.S. and Asia.
The company has expanded its global footprint in recent years through a series of acquisitions, more than doubling its sales over the past four years with a number of acquisitions including North American phosphonate and biocides maker Compass Chemicals in 2016, and Solvay’s water additives business in 2015.
The Jamieson team, led by Stuart Coventry and Ross Wheeler, jointly with STLex and Nunziante Magrone Law Firm, advised CEO Sergio Iorio and CFO Maurizio Turci on their reinvestment alongside Bain Capital and the new shareholders’ agreements in the new structure.