Garrigues advises PeroxyChem on sale of Spanish business

Garrigues advised US-based chemical manufacturer PeroxyChem LLC on the sale of its Spanish business, PeroxyChem Spain, to the UK company IQE.


The deal was valued at €18 million, according to Mergermarket data.

La Zaida-based PeroxyChem Spain produces hydrogen peroxide, liquid silicates and peracetic acid mainly for the Iberian peninsula and Mediterranean rim countries.

PeroxyChem LLC’s annual revenues are approximately $340 million. 

Ben Cook