One Equity to acquire Bozzetto Group
Submitted by:
Andrew Warmington
One Equity Partners (OEP), a middle market private equity firm, has agreed to acquire Bozzetto Group, a speciality chemicals manufacturer based in Italy. Financial terms were not disclosed but Bozzetto CEO Roberto Curreri said that it is essential for the firm’s growth “that we partner with an investor experienced in building global platforms through transformative M&A”.
Bozzetto is mainly active in the textile, agricultural, plasterboard, personal care and water treatment markets. Among its 2,300 product are over 1,500 sustainability-certified formulations that can replace traditional chemical formulations. It employs over 600 people at seven manufacturing sites and eight sales offices in Europe, Asia and North America, and has around 1,500 customers in over 90 countries.
“Bozzetto is a highly scalable platform operating within a fragmented specialty chemicals landscape, underpinned by strong sustainability credentials and deep technical expertise,” said Mario Ancic, principal at OEP. “Its blue chip customer base, global footprint and integrated, solutions-oriented portfolio create a compelling foundation for growth.”