Transaction

Clearwater advises Controlled Polymers, owned by Blue Equity and Chrispa, on its sale to Americhem

Transaction

Blue Equity and Chrispa sold Controlled Polymers ApS to Americhem Inc.

Sell-side

Undisclosed

Role

Adviser to Blue Equity and Chrispa on the sale of Controlled Polymers to Americhem

Sector

Healthcare
Industrial & Chemicals

Region

Denmark

Clearwater has advised the shareholders of Controlled Polymers, a specialty compounds and masterbatches producer, on its sale to Americhem, a US-based innovative, technology-driven leader in the global polymer industry. The deal sees private equity firm Blue Equity and investment company Chrispa successfully exit their investment.

For more than 30 years, Controlled Polymers has developed a specialised portfolio of products integral to many medical device and healthcare applications, including a world leading position in the hearing aid industry. The company places great importance on sustainability and strives to produce the greenest compounds in the world through four key areas: responsible sourcing, responsible energy-efficient production, research and development focused on sustainability, and customer workshops to inspire ideas for sustainable solutions.

Americhem is an innovative, technology-driven leader in the global polymer industry. Americhem operates 11 manufacturing plants and maintains sales offices throughout the world.

Through the acquisition of Controlled Polymers, Americhem will expand its global reach with increased product offerings, extended service capabilities, and broadened technical expertise. Controlled Polymers’ expertise within medical compounds and masterbatches gained in close collaboration with its strategic customer partnerships can, together with Americhem, be expanded to an even larger global healthcare customer base.

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We are proud to announce the sale of Controlled Polymers. It is the end of a successful development journey, where we, together with Chrispa and management, have helped develop the company and create a focused and competitive company with significant added value. We would like to thank the Clearwater team for advising us through the process and helping us reach this successful outcome. The team took ownership of the process and delivered a strong result for all shareholders, working particularly closely with management and the new investors to ensure that there was a strong fit.

Thomas Gullacksen, Director of Operations, Blue Equity
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We are delighted to have assisted the owners of Controlled Polymers in finding a partner that not only offers significant technical and geographical synergies, but also shares the same values. We are sure that Americhem will be able to further develop the unique business model that Controlled Polymers has established and ensure that the company maintains its position as a preferred supplier to its global OEM healthcare customer base. We would like to wish the business all the best for the future

Carsten Rydahl, Partner, Clearwater

Advisers

Transactions