Bnr mannynneulaset2

News archive 2007

Forchem to be sold to MB Funds


Forchem’s shareholders that include funds advised by Bio Fund Management, Profita Management, OKO Venture Capital, Finnish Industry Investment and the management shareholders Hannu Näsi and Martti Fredrikson have signed a definitive agreement with private equity company MB Funds for the sale of Forchem Oy. The main shareholders stated that the investment has been successful and that they are pleased with the outcome of the transaction.

Forchem was founded in 2000, and it operates a tall oil fractionation plant completed in 2002 at Rauma, Finland. Forchem’s products are used in various chemical industry applications such as coatings, fuel additives, adhesives, printing inks and paper chemicals. Forchem sells the majority of its products within the EU area where it is the market leader in rosins. In 2006 Forchem generated estimated gross sales of approximately €77 million.

”We are excited about the sale of Forchem to MB Funds. We look forward to the opportunity to work with their team to further grow our business as one of the leaders in the tall oil industry", said Martti Fredrikson, CEO at Forchem. "Forchem has an excellent team of talented people. The company has a widely recognised brand name and proven ability to fulfil customer needs. Our growth has been very strong and we expect it to continue under the new ownership.”

“In addition to Forchem’s position achieved in the tall oil business, MB Funds’ investment in Forchem is based on the successful completion of the planned sterol investment. When completed, Forchem will achieve a substantial market position as a producer of sterol raw material globally.” said Eero Niiva, partner at MB Funds.

MB Funds is an independent Finnish private equity firm with investment focus in Nordic middle market buy-outs, privatisations, buy and build transactions and expansion capital. The funds advised by MB funds have prime Finnish institutions as investors.

Forchem and its shareholders were advised by Access Partners.

For more information, please contact

Martti Fredrikson, CEO, tel. +358 50 3104 400, Forchem Oy
Eero Niiva, partner, tel. +358 40 556 4660, MB Funds

Forchem press release 8 Jan. 2007

Return to headlines

Poutapilvi web design - P4 - julkaisujärjestelmä
This website stores cookies on your computer. These cookies are used to improve our website and provide more personalised services to you.


To make this site work properly, we sometimes place small data files called cookies on your device. Most big websites do this too.

1. What are cookies?

A cookie is a small text file that a website saves on your computer or mobile device when you visit the site. It enables the website to remember your actions and preferences (such as login, language, font size and other display preferences) over a period of time, so you don’t have to keep re-entering them whenever you come back to the site or browse from one page to another.

2. How do we use cookies?

A number of our pages use cookies to remember your actions and preferences (such as login, language, font size and other display preferences.)

Also, some videos embedded in our pages use a cookie to anonymously gather statistics on how you got there and what videos you visited.

Enabling these cookies is not strictly necessary for the website to work but it will provide you with a better browsing experience. You can delete or block these cookies, but if you do that some features of this site may not work as intended.

The cookie-related information is not used to identify you personally and the pattern data is fully under our control. These cookies are not used for any purpose other than those described here.

3. How to control cookies

You can control and/or delete cookies as you wish – for details, see You can delete all cookies that are already on your computer and you can set most browsers to prevent them from being placed. If you do this, however, you may have to manually adjust some preferences every time you visit a site and some services and functionalities may not work.