Eigenmann & Veronelli Group completed the acquisition of a minority stake in Cornelius Group.

EV Group, a distributor and manufacturer of specialty chemicals and food ingredients, completed the acquisition of a minority stake in Cornelius Group, a manufacturer and distributor of specialty chemicals for the life sciences and performance chemicals markets. Financial terms were not disclosed. "This partnership reinforces Cornelius' position and provides the stability needed to execute our vision for the future. I have long admired EV's entrepreneurial spirit and solid expertise in the chemical distribution sector, and I am delighted they so clearly support our long-term ambitions," Phillip Gibbons, Cornelius CEO.