Hivest Capital Partners has entered into an agreement to acquire a stake in Novasol Chemicals, aiming to support the company's international expansion and growth strategy in the specialty chemicals market.

Information on the Target

Hivest Capital Partners S.A.S. ("Hivest Capital") has announced an agreement to acquire a stake in Novasol Chemicals ("Novasol"), a leading global distributor of specialty chemicals headquartered in Belgium. Established in 1997, Novasol has developed into an international chemical distribution platform, operating in Europe, North America, and Asia. The company provides specialty chemicals and ingredients to over 500 clients across more than 50 countries, supported by a diverse product portfolio and expertise in two primary segments: life sciences and material sciences.

Recently, Novasol has enhanced its organizational structure by building a strong management team and professional governance. The company has been expanding its presence into new markets, such as Turkey and Poland, while also solidifying its footprint in North America. Additionally, Novasol has initiated Environmental, Social, and Governance (ESG) measures, including sustainable packaging and logistics improvements, to enhance transparency and responsibility within its supply chain.

Industry Overview in Belgium

The specialty chemicals industry in Belgium plays a crucial role within the broader European market, boasting a significant number of manufacturers and a diverse array of chemical compounds. Driven by innovation and advanced technologies, the sector is characterized by robu