Bozzetto attracts interest of Sanofi - report (translated)
Bozzetto, an Italian chemicals company being sold off by private equity firm Synergo, has attracted the interest of Sanofi[SAN:EN], Italian-language daily Il Sole 24 Ore reported. The report cited unspecified rumours claiming that SK Capital Partners, Koch and Mandarin are also believed to be interested.
The item said that Alantra is advising Synergo on the sale.
Management is projecting to reach 2016 revenues of EUR 120m, EBITDA of EUR 13.5m and debt in the region of EUR 16.5m, as previously reported.
According to Synergo’s website, Bozzetto has three business units: Textile Chemicals, Building Chemicals, and Performance Chemicals.