Basalt Infrastructure Partners has agreed to acquire Chemco, a provider of essential specialist chemical logistics and distribution services to customers predominantly in the semiconductor, pharmaceutical, food and industrial sectors in Ireland.
Chemco operates from the largest specialist site for its industry in Ireland, strategically located close to Dublin and key transport infrastructure. The asset base comprises highly technical and critical infrastructure including temperature-controlled storage facilities and ISO (International Organization for Standardization) tank container storage areas.
DC Advisory acted as exclusive financial adviser to the shareholders of Chemco on the sale.
Basalt is an investment adviser to infrastructure equity investment funds focusing on mid-market investments in utilities, power, transport and digital infrastructure in North America and Europe. The funds have invested approximately $7 billion across 31 investments, including 1