Vision, Speyside Enter Portfolio Partnership

Law360, New York (September 29, 2011, 4:09 PM EDT) -- London-based Vision Capital LLP said Thursday it would buy a majority stake in German peroxide chemicals company United Initiators from Speyside Equity LLC for an undisclosed amount, as part of its partnership with the smaller, Philadelphia-based private equity firm.

Vision Capital characterized the agreement as a partnership with Speyside Equity, in which it would also take a minority stake in Speyside's other portfolio business — the Philadelphia-based Sweet Ovations, a leading supplier of custom formulated food ingredients to North American food companies.

“I am delighted to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.