09. October 2023

ARQIS has advised the pan-European investment company Active Capital Company (ACC) on the acquisition of a majority stake in Brocolor Lackfabrik GmbH and Brocolor® Immobilien GmbH (Brocolor) from ELSAN Holding B.V..

Brocolor, based in Gronau, is a German specialty chemicals company for paints, adhesives, primers, coatings, and other chemical products. The company has expanded its warehouse in 2019 and plans to further increase its production capacity in the short term to meet increasing customer demand. The strategic growth plan focuses on expanding its high-quality contract manufacturing service. In addition, Brocolor is considered a specialised market leader with the highest environmental, social and governance standards.

ACC’s entry continues its growth in Germany, leveraging its hands-on investment approach and strong track record of investing in chemical-focused companies.

ARQIS has acted for ACC on several occasions in the past, most recently in the context of the sale of its stake in the SchahlLED Group.

The ARQIS Team was led by Dr. Mauritz von Einem (Munich) and Dr. Christof Alexander Schneider (Düsseldorf) (both Corporate/M&A), plus Johannes Landry (Financing), Marcus Nothhelfer (IP, Commercial). Counsel/Associates: Benjamin Bandur (Munich), Carolin Schlütter-Lückel (Düsseldorf, both Corporate/M&A), Dennis Reisich (Tax), Nora Stratmann (IP, Commercial – both Munich).

De Breij (Pieter Holthuis and Gaston Freijser, both Dutch corporate law) and Houthoft (Ageeth Panman and Jasmijn Harms) were also involved in the international transaction.

The seller ELSAN Holding B.V. was represented by Marktlink (Tim Rikmenspoel and Dave Kooij, both Amsterdam) and PPR & Partner Pape Rauh Rechtsanwälte PartG mbB, Düsseldorf (Benjamin Bein).