Founded in 1967, Carbon Group supplies critical ingredients and performance chemicals to a broad range of customers, from local businesses to multinational corporations. The company leverages its global sourcing capabilities, contract manufacturing, customised packaging, technical expertise, and specialty storage to deliver best-in-class service to both customers and supply partners.
The acquisition broadens Shrieve’s footprint in the specialty chemicals market and enhances its ability to support customers across Europe. The combination also creates strategic opportunities to expand Shrieve’s product offerings to Carbon Group’s customer base, while introducing Carbon’s specialised solutions to Shrieve’s existing customers.
“We are happy to welcome Carbon Group into the Shrieve Chemical family. This investment reflects our ongoing commitment to expanding the specialty chemical product portfolio and capabilities that Shrieve can offer its customers,” said Geoff Broglio, Managing Director at Gemspring Capital. “We are excited to partner with Brian and the Carbon Group team to build on their reputation for exceptional customer service, deep technical expertise, and global sourcing and compliance capabilities.”
Brian Walsh, Managing Director of Carbon Group, added, “Partnering with Shrieve marks an important step in continuing our legacy of delivering intelligent solutions to our customers and suppliers. Our shared values and commitment to customer service make this partnership a perfect fit, and we look forward to continuing to provide the same world-class service and reliability that our customers and suppliers value as part of the Shrieve organisation.”
Carbon Group was advised by KPMG Corporate Finance, which served as lead advisor on the transaction. Grant Thornton Ireland provided sell-side financial support, and RDJ acted as legal counsel to Carbon Group. Shrieve was advised by Greenhill, a Mizuho affiliate, with Paul, Weiss, Rifkind, Wharton & Garrison LLP serving as legal counsel.