fbpx

SVG Capital sells Arysta for £221m

SVI : SVG Capital sells Arysta for £221m

SVG Capital has announced that Industrial Equity Holdings, an investment company owned by Permira, has sold Arysta Life Sciences. The deal values SVG Capital’s stake at £221m. Arysta is involved in the development, marketing and distribution of chemical solutions for the agroscience and health & nutrition science marketplace.

When the deal completes (estimated Q1 2015), SVG Capital will get £156m in cash and the balance in a convertible preferred note.

The price tag represents a £14m gain for SVI over the value they had ascribed to this investment at 30 June.

 

Leave a Reply

Your email address will not be published. Required fields are marked *