Italmatch Chemicals Company

Partners:

• Dussur
• Bain Capital
• Italmatch Management

Dussur has acquired a minority interest of Italmatch Chemicals company, a leading specialty chemicals company headquartered in Italy. Italmatch Chemicals, best known for its manufacturing of advanced performance-enhancing additives, water treatment solutions, and various materials for the petroleum, gas, and plastics industry, will bring diverse expertise to Saudi Arabia. Furthermore, their range of products for the personal care chemicals sector will play a vital role in expanding and diversifying local production capabilities. Dussur’s strategic acquisition aligns with its ongoing commitment to localizing advanced technologies in the Kingdom. Italmatch Chemicals, recognized globally as a leader in specialty chemicals, will use the capital increase of 100 million euros to solidify its competitive position and presence in the region. These funds are set to drive the establishment and development of specialized factories across the Kingdom, boosting the local economy and infrastructure. Furthermore, the acquisition will strengthen Italmatch presence in the MENA region and accompanied with that hiring and training of local talent who will drive Italmatch’s growth and localization efforts.