Partners Group to acquire Rovensa from Bridgepoint for EUR 1 billion: the advisors
Partners Group, Switzerland-based alternative asset management company and private equity firm, has agreed to acquire a majority stake in Rovensa, Portugal-based agrochemical activities of Sapec, from Bridgepoint in a transaction valuing the company at EUR 1bn. A sale process was initiated by Bridgepoint in early November 2019 but was delayed due to Covid-19 pandemic. The process received interest from several investors including KKR, UPL and PAI.
Partners Group can enable Rovensa to continue building platform and seize newer opportunities. Rovensa would focus on accelerated development of their leading biological solutions portfolio, continued internationalization and select further acquisitions to continue to build their capabilities.