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Announced

DPI to acquire Solevo Group from Helios Investment Partners and Temasek.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Single Bidder

transportation services

Friendly

Domestic

Private Equity

Switzerland

Third Party Logistics (3PL)

Majority

Pending

Synopsis

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Development Partners International, an investment firm, agreed to acquire Solevo Group, an African distribution platform for specialty chemicals, from private equity firms Helios Investment Partners and Temasek. Financial terms were not disclosed. “DPI’s partnership will help us to accelerate our scaling in new geographies, expand the firm’s portfolio of specialty chemicals across key sectors and implement digital transformation. We are working closely with our DPI colleagues on a new digitalisation and technology strategy to drive greater efficiencies across Solevo’s extensive distribution platform," Joris Coppye, Solevo CEO.

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