Oaklins exclusive advisor to KH Chemicals
KH Chemicals is glad to confirm its sale to the Belgium-based family office Ravago, a global industry leader in the distribution, recycling and compounding of plastics and chemicals. KH Chemicals is a well-established trading and distribution company active in the global chemical industry. With Ravago as a partner, KH Chemicals will be able to accelerate its growth, increase its market power and strengthen its position in existing areas as well as enter into new ones.
Fokko Poldervaart, partner Oaklins Netherlands commented: “A lot of potential buyers expressed interest in acquiring KH Chemicals. We used many resources to prepare the right buyer list, including our long-term relationships in the industry and our international network. Ravago was successfully approached by our colleagues from Oaklins Belgium, leveraging on their long-standing relationship. This turned out really well, Ravago was by far the best qualified buyer. We believe that collaborating on a mutual company culture is key for a successful acquisition. As an exciting and dynamic company with a relatively young team, it was vital for KH Chemicals to find a buyer that would match its core values of long-term client and supplier partnerships, plus a strong focus on the human aspect.”
