linkedin Created with Sketch. twitter Created with Sketch. instagram Created with Sketch.
Shape
← Back to portfolio Porfolio / Chemoxy

Chemoxy

Chemicals manufacturer

Company overview

BGF invested £10m into Chemoxy, a chemicals manufacturer based in Teesside 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 a trade buyer, Novacap SAS.

Website
chemoxy.com

We had lots of approaches from private equity and other financial institutions wanting to invest in the business and the reason we chose BGF is that the team was happy to take a minority share.​

We have found BGF to be an excellent partner. ​ BGF is responsive, not over bureaucratic and its reporting requirements are reasonable. Our success has been built around agility, speed to market, and building a broad and diversified portfolio so that we have not had overexposure​ to any one sector. BGF has been very helpful in providing advice​ in that area. It has helped to accelerate our growth and provide more financial confidence in the business.

Ian Stark​, CEO

Company information

Head office
  • Middlesbrough
CEO
Chair
BGF office
BGF team
Invested since
  • Feb 2015 - Jun 2017
Total BGF investment
  • £10 million