Akzo Nobel

Fineurop Soditic acted as M&A adviser to Akzo Nobel Group in the transaction in which Balchem Corporation (Nasdaq listed Company), through its European subsidiary Balchem B.V., acquired Akzo Nobel’s choline chloride and methylamines businesses located in Marano Ticino, Italy. Akzo Nobel is a global leader in the chemical industry, and its Marano Ticino operation is active in the production and sales & marketing of Choline products, Methylamines and Metam Sodium. Choline products are primarily used as a feed additive for poultry and pig feedstuffs. The total revenues of the business for 2006 are Euro 25 million with an Ebitda margin of 6.5%. Revenues are primarily realized in Europe. The Business, currently run by a team of 86 employees, includes dedicated management team, manufacturing, research & development, sales & marketing, general & administrative services.