Foreman Capital and the shareholders of DST-CHEMICALS have reached an agreement on the acquisition of a majority stake in the company by Foreman Capital.
DST-CHEMICALS is a market leading manufacturer of eco-friendly specialty chemical consumables with headquarters in Denmark. Over the past years, the CEO and majority shareholder have successfully built the business and developed a tailored service concept that, combined with a strong product portfolio of cleaning products, enables customers to improve quality of production while reducing CO2 emissions and wastewater production.
Foreman Capital will partner with the current shareholders and the existing management as minority shareholders to fulfil the growth ambitions of DST-CHEMICALS. Together, they will create a global leading manufacturer and distributor of eco-friendly metal cleaning products for degreasing, derusting and temporary corrosion protection.
DST-CHEMICALS’s current CEO will stay on as CEO of the company and continue to lead the company together with the existing management team.
Accura advised Foreman Capital in connection with the transaction.