Archive · 2 Jul 2025
Dorf-Ketal in Talks to Secure $500M for European Acquisition
Dorf-Ketal, a company that makes chemicals for oil companies, is trying to buy a European company.
To do this, they're talking to lenders to borrow about $500 million.
They plan to use this money to buy the European company.
They're hoping to sign agreements with the lenders soon.
It's a big deal for Dorf-Ketal, as it would be their biggest purchase yet.
The exact company they're buying and the specific lenders are still secret for now, but the deal could happen soon.
Dorf-Ketal is in talks to raise around $500 million for a European acquisition.
The company is seeking private credit to fund the acquisition.
Term sheets with lenders are expected to be signed this month or next.
The target company's name and private credit funds involved are unknown.
The acquisition would be Dorf-Ketal's largest to date if finalized.
- Who
- Dorf-Ketal is seeking private credit lenders.
- What
- Dorf-Ketal is raising funds for a European acquisition.
- When
- Term sheets are expected to be signed this month or next.
- Where
- Europe
- Why
- To fund the acquisition of a European peer.
- Company
- Dorf-Ketal
- Funding Goal
- $500 million
- Purpose
- European Acquisition
- Type of Funding
- Private Credit
- Target
- European company (unnamed)
- Status
- Talks ongoing, term sheets expected soon