BorsodChem [SEP] parent company
BorsodChem
Wanhua-BorsodChem – as the European member of the Wanhua Group – is a leading chemical raw material manufacturing company headquartered in Kazincbarcika, Hungary. The company specialized for isocyanates (MDI, TDI), PVC and chlor-alkali (vinyl) businesses. The main production site is located in Kazincbarcika, Hungary but the production is also supported by other European production capacities located in Ostrava, the Czech Republic and Kędzierzyn-Koźle, Poland. Several branch offices are available in Hungary, Belgium, the Czech Republic, Croatia
Operations Investment in BorsodChem.
VCP’s subsidiary CE Oil & Gas Beteiligung und Verwaltung AG became main shareholder of BorsodChem in 2001.
2004 VCP sold off the greater part of its 91% holding in BorsodChem through an international secondary offering. In 2006, VCP together with Permira successfully completed a public purchase offer for BorsodChem and delisted the company.
In 2010 China's Wanhua Industrial Group became a 38% shareholder in BorsodChem and acquired a call option to purchase the remaining shares in the company within the next two years. The