Ascensus Specialties Acquires Wychem Limited from AURELIUS Equity Opportunities
December 13, 2021
Ascensus Specialties LLC has acquired Wychem Limited, a UK-based independent fine chemical manufacturer, from AURELIUS Equity Opportunities. The acquisition expands Ascensus' European manufacturing footprint and adds Wychem's capabilities in aromatic compounds, halogenation and multi-step intermediates for pharmaceutical APIs; financial terms were not disclosed by Ascensus, while AURELIUS reported a 10.6x money-over-money multiple on the sale.
- Buyers
- Ascensus Specialties LLC
- Targets
- Wychem Limited
- Sellers
- AURELIUS Equity Opportunities SE & Co. KGaA
- Industry
- Manufacturing
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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