CABB

CABB Group GmbH
legal form	GmbH
founding	2003
Seat	Sulzbach , Hessen , Germany
management	Valerie Diele-Braun ( CEO )
Number of employees	1,100 (2018)
sales	EUR 500 million (2012)
Branch	Chemical industry
Website	www.cabb-chemicals.com

The CABB Group GmbH (originally C lariant A cetyl B uilding B locks ) is a global manufacturer of primary products, intermediates and active ingredients Fine Chemicals. The company, based in Sulzbach am Taunus, specializes in the manufacture of individual molecules ("Custom Manufacturing"), in particular for the agrochemical and specialty chemicals and pharmaceutical industries. As a leading producer of high-purity monochloroacetic acid (MCA), CABB also supplies the entire chemical industry with MCA and its derivatives.

Since 2018, CABB has also been offering individual chemical process development under the registered brand ChemCreations.

CABB emerged in 2003 from the Swiss chemicals group Clariant . The company was owned by the financial investor Bridgepoint from April 2011 to April 2014 , and has been owned by the financial investor Permira since then .

CABB operates five production facilities in Europe and Asia and has sales offices in the USA and China. Since September 2018, there has also been a strategic partnership with the US custom manufacturing specialist Jayhawk Corporation in the state of Kansas, which Permira has also taken over.

The company has around 1,100 employees worldwide and generates annual sales of around half a billion euros. Valerie Diele-Braun has been CEO since August 2018.

Works

The CABB Group has a total of five production sites.

The largest plant is located in Switzerland in Pratteln (near Basel) in the traditional plant of the former SF-Chem . It belongs to the Custom Manufacturing division. Starting with chlorine and sulfur, reagents, intermediate products and highly refined secondary products are manufactured in an integrated system, especially for the agrochemical industry. The value chain at the site extends to multi-level secondary products, mostly based on chlorination, sulfonation and methylation reactions. The integrated system includes the recovery of by-products and exhaust gases. In this way, raw materials and energy are optimally used and pollution from sewage, waste and exhaust air is reduced to a minimum.

The Kokkola production site in Finland is also part of the Custom Manufacturing division . In three production plants with a total of six production units, high-volume agrochemicals as well as agrochemical and pharmaceutical intermediates are produced in sophisticated, multi-stage syntheses. The technology base includes lithiations, brominations, chlorinations, Friedel-Crafts acylations, methylations and oxidations. Waste streams are destroyed in the company's own incineration plant or wastewater treatment plant.

The Acetyls division operates three production sites. In Knapsack, Germany , near Cologne, the company operates the world's largest plant for the production of monochloroacetic acid. A second location in Germany is in Gersthofen near Augsburg. The value chain there ranges from chlorine production through mono-, di- and trichloroacetic acid and their esters to glycolic acid. In a joint venture in the eastern Chinese province of Shandong, CABB operates one of the most modern plants for the production of monochloroacetic acid in the People's Republic of China. The new production facility, which went into operation in April 2016, was successfully certified in 2017 by TÜV Süd according to the latest ISO standards 9001: 2015 and 14001: 2015.

history

The company was founded in early 2003 as a wholly owned subsidiary of Clariant under the name Clariant (Acetyl Building Blocks) GmbH & Co. KG , or CABB for short. This unites the Clariant Group's business in Germany with the two former Hoechst plants in Gersthofen and Knapsack. In 2004 CABB achieved a turnover of 114 million euros with around 300 employees.

In June 2005, Clariant was the complete sale of CABB to the Gilde Buy-Out Fund of the Dutch private equity -Unternehmens Gilde Investment Management known. The transaction was related to Clariant's strategy to part ways with businesses that are no longer core activities . In September 2004, Clariant parted with its 25 percent stake in SF-Chem in Pratteln, which is also active in the chlorine and sulfur chemistry.

In November 2006, CABB was transferred from the Gilde Buy-Out Fund to AXA Private Equity . After CABB was able to increase sales to 140 million euros during the time under Gilde and was positioned as an independent company, the focus under the new ownership was on an internationally supported growth strategy. A first step took place in July 2007 with the takeover of SF-Chem in Pratteln, which was founded in 1917 and of roughly the same size. This was integrated into the CABB Group and renamed CABB AG in September 2008. In April 2008 the majority stake in the Indian Karnavati Rasayan Ltd. followed. in Ahmedabad. The latter was sold again in July 2017.

The stake gave CABB access to the Asian market. In 2010 CABB achieved a turnover of 310 million euros with around 750 employees. In April 2011, CABB was acquired by the British financial investor Bridgepoint. As part of its growth strategy, CABB acquired the Finnish company KemFine in August 2011 with the support of the financial investor Bridgepoint. With headquarters in Helsinki and a production facility in Kokkola, KemFine specializes in the production of chemical products for the agricultural and pharmaceutical industries. In 2013, a joint venture was established with the Chinese company Jinwei in Jining for the production of high-quality monochloroacetic acid.

In 2014 Bridgepoint sold CABB to Permira .

Products

CABB specializes in three areas:

Monochloroacetic acid and its derivatives :
chloroacetic acid is a basic material in the manufacture of many plant protection products , such as B. benazolin , cloquintocet-mexyl , cymoxanil , 2,4-D , fenchlorazole , flumioxazin , fluoroglycofen-ethyl , fluroxypyr , glyphosate , indole-3-acetic acid , MCPA , 1-naphthylacetic acid , 2,4,5-T and triazamate . It is also required for the production of thickeners for food, fillers for medicines, detergent substances ( betaines ) and hair cosmetics.

From the derivative of chloroacetyl chloride , the chloroacetamide is acetochlor , dimethachlor , dimethenamid , metazachlor , pretilachlor , propachlor , propisochlor and dimethoate , flutriafol , formothion , hexaconazole , Mecarbam , metalaxyl , ofurace , omethoate , oxadixyl , piperophos , propaquizafop , prothoate , pyrifenox , thenylchlor and triflumizole manufactured.

Specialty chemicals and intermediates :
This is the area where chemical intermediates and finished products are manufactured. The products are sold to the pharmaceutical, agrochemical and specialty chemicals industries.

Custom Manufacturing : In the manufacture of customer-specific products, organic intermediates are synthesized. CABB supplies companies worldwide in the fields of pharmaceuticals, agrochemicals and specialty chemicals, fragrances and flavorings as well as manufacturers of other functional products. According to the company, CABB is one of the leading 5 custom synthesis manufacturers in Europe for the life sciences industry in niche markets of custom manufacturing .

Individual evidence

1. ↑ [1]
2. ↑ CABB offers chemical process development as a service | chemanager-online.com - chemistry and life science. Retrieved February 21, 2019 . 
3. ↑ Permira Fund buys CABB Group (April 23, 2014). Retrieved February 21, 2019 . 
4. ↑ Evonik sells Jayhawk site in the US to Permira Fonds. In: Private Equity. September 1, 2018, accessed on February 21, 2019 (German). 
5. ↑ Gartnercomms: Valerie Diele-Braun follows Peter Vanacker. July 2, 2018, accessed February 21, 2019 . 
6. ↑ Clariant, press release of January 2, 2003  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. (PDF; 15 kB)  
7. ↑ Clariant, press release of June 25, 2005  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. (PDF; 54 kB)  
8. ↑ Corinna Wnuck: AXA acquires 70 percent of the CABB shares. In: Finance Online . November 28, 2006, accessed June 16, 2017 . 
9. ^ CABB acquires SF-Chem. In: cabb-chemicals.com. July 18, 2007, archived from the original on June 9, 2012 ; accessed on June 16, 2017 (English). 
10. ↑ CABB celebrates five years of Karnavati Rasayan. In: cabb-chemicals.com. April 10, 2013, accessed June 16, 2017 . 
11. ^ CABB completes the acquisition of Finnish KemFine Group Oy. In: cabb-chemicals.com. August 22, 2011, accessed June 16, 2017 . 
12. ↑ Press release CABB: Permira funds acquire the world's leading specialty and fine chemicals manufacturer CABB Group from Bridgepoint , Frankfurt, April 22, 2014.
13. ↑ Thomas A. Unger: Pesticide Synthesis Handbook . William Andrew, 1996, ISBN 0-8155-1853-6 , pp. 1028 ( limited preview in Google Book search).