# Itelyum acquires SAFECHEM Europe GmbH

Itelyum, an Italian circular economy company, has acquired SAFECHEM Europe GmbH from CBPE Capital LLP, effective February 2, 2024. SAFECHEM will operate as a distinct entity within the Itelyum Group.

- Type: Acquisition
- Announced: 2024-02-02
- Where: Germany
- Status: completed
- Products: solvent management and recycling services
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [CBPE Capital LLP](https://endata.com/companies/21695.md) (partner)
- [Safechem Europe GmbH](https://endata.com/companies/21696.md) (target)
- [Itelyum](https://endata.com/companies/75599.md) (acquirer)

## Sources

- [safechem.com](https://safechem.com/en/news/details/safechem-announces-acquisition-by-circular-economy-champion-itelyum), 2024-02-12: "SAFECHEM Europe GmbH (SAFECHEM) announces its acquisition by the Italian group Itelyum, a champion for the circular economy through the management and recycling of industrial waste."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.