Key Facts
Business Model | Producer of TAED, an organic chemical compound used as a bleach activator in laundry detergents |
Industry | Chemicals |
Turnover | ca. 40 million euros p/a |
Staff complement | 50 |
Acquisition date | December 2010 |
Investor advised by DUBAG | Deutsche Unternehmens Beteiligungen AG |
Exit | July 2012 |
Operational Details
Initial and/or special situation
- Non-core business of Henkel, the former shareholder and seller
- Complex and intransparent structures
- Single customer relationship between IDC and Henkel
- Unfortunate arrangements for the operations on a site shared with neighboring chemical company
Turnaround results