Rolfes Holdings Limited has acquired AgChem
Rolfes Holdings Limited (Rolfes Group) has acquired a controlling interest of 70% in AgChem for a US$11.6 million consideration.
The Rolfes Group manufactures and distributes a wide range of market leading, high quality chemical products operating in diverse industries including the coatings, plastics, ink, metallurgical, water filtration, water chemicals, water management, water purification, leather tanning, cleaning, formulators, automotive, engineering, agricultural and construction industries. The group will continue to pursue growth on both an organic and acquisition level. Companies with distinct technology assets and intellectual property, as well as appropriate barriers to entry are being considered as a prospect for acquisition.
AgChem, founded in 1988, is the holding company of a group of companies that procure, produce and distributes high-quality agro-chemical products for the agricultural sector. As AgChem has developed, their product range and markets serviced have expanded and the company has diversified into many other crops and regions.
Oaklins' team in South Africa acted as corporate advisor to the buyer in this transaction.
Talk to the deal team
Related deals
TEAM Safety Services Limited has been acquired by Vadella Group
TEAM Safety Services Limited, a leading UK-based health, safety and fire safety consultancy, has been acquired by Vadella Group, a specialist provider of inspection-led compliance services for the built environment.
Learn moreSunrise Eggs has been acquired by Agrova International
Sunrise Eggs, one of the UK’s best-established independent egg producers and distributors, has joined Agrova International AS, a European poultry and agri-foods group.
Learn moreBrand Group has acquired The Natoon Group
The Natoon Group has been acquired by Brand Group. This acquisition represents a significant strategic move that will help establish new, robust and stable growth channels. The transaction is intended to expand Brand Group’s revenues through service companies with recurring and predictable income streams supported by long-term contracts. As part of the agreement, Natoon’s senior management will continue to lead the company’s growth.
Learn more