Auctus acquired ZPF via an MBI in 2006. Since then the firm has reorganised ZPF’s management structure and pursued a strategy of internationalising the business. Sales and profits have approximately doubled over the last two years.
Abieta Chemie focuses on the development and production of resin based emulsifiers and other preliminary products for the chemical industry. Abieta serves the major plastic manufacturers, the colour/pigment industry as well as adhesive producers. It has been acquired by the
Auctus acquired Abieta in May 2007 from the
Auctus focuses on the smaller end of the market – business with sales of between €20m and €150m – and specialises in owner successions, buy and build strategies and corporate carve-outs.
The firm has already made one exit this year through the sale of its share in Stelzenberger Biogas to the majority stake holder Schmack Biogas. Return details were put at a triple figure IRR.
It closed it most recent fund in October 2007, raising €39m for its third offering. The fund invests alongside Auctus’ existing evergreen fund and a strong personal commitment from the Auctus team, which results in total capital for new investments of around €100m.