Travers Smith LLP has advised HSBC on senior debt facilities made available to finance CBPE Capital’s acquisition of Aquaspersions from the founding family shareholders. CBPE is investing alongside the management team led by CEO, Alan Bewsher.
Aquaspersions manufactures specialist chemicals for the global polymer industry. Its products allow for the dispersion of additives into polymer materials such as rubber, latex, adhesives, coatings and plastics. These additives are crucial to the manufacturing process, and enable end products to attain enhanced properties such as increased durability. The business has a well-earned reputation for quality, consistency and product innovation. Its customer-focussed approach is reflected in its long-term relationships and impressive 10% per annum revenue growth over the last 13 years.
The Travers Smith team was led by Head of Finance Matthew Ayre with support from Senior Associate Will Sheridan and Associate Jason Larkins.
CBPE was advised by Reed Smith. Aquaspersions’ shareholders were advised by Addleshaw Goddard.
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