Bridgepoint faucets HSBC to arrange sale of agrochemical agency Rovensa -sources

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Bridgepoint faucets HSBC to arrange sale of agrochemical agency Rovensa -sources

By Pamela Barbaglia, Arno Schuetze and Andrés González


By Pamela Barbaglia, Arno Schuetze and Andrés González

LONDON/FRANKFURT/MADRID, Nov 26 (Reuters)Bridgepoint has been sounding out potential bidders for its Portuguese agrochemical firm Rovensa forward of an public sale course of early subsequent yr that might elevate about 800 million euros ($882 million), 5 sources advised Reuters.

The European non-public fairness fund has employed HSBC to deal with the so-called pre-marketing talks for the Lisbon-based crop safety firm which was beforehand referred to as Sapec Agro, the sources stated, talking on situation of anonymity.

A number of non-public fairness buyers have already come ahead for the enterprise which additionally supplies fertilizers comparable to micronutrients and biostimulants, the sources stated.

One of many sources stated KKR KKR.N, CVC Capital Companions, Bain Capital, Eurazeo, Cinven, Companions Group and Platinum have been anticipated to bid for the corporate.

Bridgepoint, KKR, Cinven and Companions Group declined to…



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