CBPE Capital (CBPE) has acquired Aquaspersions Limited and Aquaspersions (M) SDN BHD from the founding family shareholders. CBPE is investing alongside the management team led by CEO, Alan Bewsher.
The business has a well-earned reputation for quality, consistency and product innovation. Its customer-focussed approach is reflected in its long-term relationships and impressive 10% per annum revenue growth over the last 13 years. The Business reported revenue of £35m for the year to December 2020.
CBPE is investing alongside management in order to support the continued growth of the business. The business will continue to operate from its existing facilities in Halifax (England) and Kuala Lumpur (Malaysia). The investment in Aquaspersions continues CBPE’s successful track record of investing in chemicals businesses, including most recently SAFECHEM Gmbh.
Read more at: Private Equity Wire
