BGF invested £10m into Chemoxy, a chemicals manufacturer based in Teeside in February 2015. Our funding supported the company’s growth, which included acquisition of new customers, expansion of technical capabilities and further development of its proprietary product range, most notably ChemoxyCare, an emollient in personal care creams. We successfully exited our investment in June 2017 when the company was acquired by trade buyer, Novacap SAS.
When North East Chemoxy decided to look for investment to support its growth plans, CEO Ian Stark was looking for an external investor who wouldn’t interfere with the day- to-day running of business.
Download this interview with Ian and BGF Investor Barry Jackson to find out more about how the partnership worked, and how the investment supported the company’s growth plans.