What investment strategy does International Chemical Investors Group focus on?

International Chemical Investors Group focuses on Buyout strategies in the private equity space.

How many portfolio companies does International Chemical Investors Group have?

International Chemical Investors Group has 24 active portfolio companies and 3 completed exits and 1 fund tracked on GP Intel.

Where is International Chemical Investors Group headquartered?

International Chemical Investors Group is headquartered in Frankfurt, Germany.

When was International Chemical Investors Group founded?

International Chemical Investors Group was founded in 2004.

What sectors does International Chemical Investors Group invest in?

International Chemical Investors Group invests across Industrials, Healthcare.

What are International Chemical Investors Group's recent exits?

Recent realized exits by International Chemical Investors Group include: CordenPharma (2022) to Astorg; Calaire Chimie (2013) to Axyntis Group.

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International Chemical Investors Group

Frankfurt, Germany·Founded 2004·

Buyout

·ic-investors.com

International Chemical Investors Group (ICIG) is a privately held evergreen industrial holding founded in 2004 by Dr. Achim Riemann and Patrick Schnitzer that acquires chemical and pharmaceutical businesses, mostly carve-outs from majors, and develops them long term under platforms such as WeylChem (fine chemicals), Vynova (chlorovinyls), Benvic (compounds), HCS Group (hydrocarbons), Catexel (care chemicals) and Stockhausen (superabsorbents). The group is headed by ICI Holding SE in Frankfurt (HRB 132939), generates sales in excess of EUR 2.8bn with around 5,950 employees across 45+ plants, and publishes no capital or AuM figure. Its CordenPharma CDMO platform was sold to Astorg in 2022 for more than EUR 2.5bn.

AUM

–

Funds

vintages 2004

Portfolio

Exits

International Chemical Investors Group is a Frankfurt buyout firm with 24 active companies and 3 exits.

SectorsIndustrials Healthcare

Key takeaways

·Average hold across 3 realized deals: 9 years.
·Top sector focus: Industrials (70% of portfolio).

Sector breakdown

27 companies

Industrials

19 · 70%

AgTech

1 · 4%

Pharma

1 · 4%

Geography breakdown

13 geographies

Germany

11 · 41%

France

3 · 11%

2 · 7%

Belgium

2 · 7%

Norway

1 · 4%

Denmark

1 · 4%

Switzerland

1 · 4%

Sweden

1 · 4%

Key facts

HQFrankfurt, Germany

Founded2004

Employees5,950+

Websiteic-investors.com

Recent exits

International Chemical Investors Group sold CordenPharma to Astorg in 2022 after 16 years.

International Chemical Investors Group exited Miteni in 2018 after 9 years.

International Chemical Investors Group sold Calaire Chimie to Axyntis Group in 2013 after 1 year.

Partners

Christoph SprengerCEO

Dr. Achim RiemannCo-Founder, Chairman of the Supervisory Board

Patrick SchnitzerCo-Founder

Coverage notes

1 fund tracked, 27 portfolio companies (24 active · 3 realized). Verified weekly from public filings and deal announcements.

Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

Christoph Sprenger

CEO

Dr. Achim Riemann

Co-Founder, Chairman of the Supervisory Board

Patrick Schnitzer

Co-Founder

Funds & portfolio

Every fund International Chemical Investors Group has raised, with its portfolio companies. Hand-checked from public filings.

1 fund

Fund

Strategy

Vintage

Size

Assets

Exits

ICIG EvergreenActive

Evergreen200424 assets3 exits

Evergreen

2004 · 22yr

–

Unrealized

24 held

Company	Entry
Ascribe Bioscience AgTech · US	2025
B'zeos Industrials · Norway	2024
Benvic Industrials · France	2022
Catexel Industrials · Germany	2023
Cellugy Industrials · Denmark	2024
Corden BioChem Industrials · Germany	2016
Envirocat Alkoxides Industrials · Germany	2023
GeneusChem Switzerland	–
HCS Group Industrials · Germany	2023
Inbiose Health Ingredients Belgium	2026
inprotec Industrials · Germany	2022
Ironic Biotech Sweden	–
Licit Solutions Industrials · Germany	2025
Mevaldi Industrials · Netherlands	2025
MSSA Metaux Speciaux Industrials · France	2023
Octet Scientific Industrials · US	2025
Plastformance Industrials · Germany	2023
Sachtleben Functional Additives Industrials · Germany	2026
Stockhausen Industrials · Germany	2024
Vasant Chemicals India	2024
ViAqua Therapeutics Israel	–
Vynova Advanced Organics Belgium and Netherlands	2024
Vynova Group Industrials · Belgium	2015
WeylChem Industrials · Germany	2005

Realized

3 exits

Company	Entry	Exit	Type	Buyer	MOIC
Calaire Chimie Industrials · France	2012	2013	Trade Sale	Axyntis Group	–
CordenPharma Pharma · Germany	2006	2022	Secondary	Astorg	–
Miteni Industrials · Italy	2009	2018	–	–	–

Frequently asked questions

What investment strategy does International Chemical Investors Group focus on?: International Chemical Investors Group focuses on Buyout strategies in the private equity space.
How many portfolio companies does International Chemical Investors Group have?: International Chemical Investors Group has 24 active portfolio companies and 3 completed exits and 1 fund tracked on GP Intel.
Where is International Chemical Investors Group headquartered?: International Chemical Investors Group is headquartered in Frankfurt, Germany.
When was International Chemical Investors Group founded?: International Chemical Investors Group was founded in 2004.
What sectors does International Chemical Investors Group invest in?: International Chemical Investors Group invests across Industrials, Healthcare.
What are International Chemical Investors Group's recent exits?: Recent realized exits by International Chemical Investors Group include: CordenPharma (2022) to Astorg; Calaire Chimie (2013) to Axyntis Group.