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Rohner AG
Business Summary
Rohner AG, also known as RohnerChem, is a privately held and cGMP-compliant contract chemical manufacturer that specializes in rapid scale-up and commercial-scale custom synthesis of complex, small molecule API's, advanced intermediates and specialty polymers. While Rohner began by practicing traditional chemistry like nitration and chlorination, the company moved into graphics chemicals and dyestuffs in the 1920s. In the 1980s, Rohner would again shift its focus to custom synthesis for the life science and specialty chemical industries, evolving to acquire more advanced methods such as transition metal catalysis (TMC), cryogenic reactions, and high-pressure asymmetric hydrogenation. In 2002, Rohner added cGMP capacity for the pharmaceutical sector and was able to add a few major customers. However, upon losing a significant customer in 2003, Rohner fell into a multi-year slump that nearly led to its demise as then parent Novasep, a subsidiary of Rockwood Specialties Group, announced plans to close down Rohner's facilities in 2006. Shortly thereafter, Rohner was acquired by private equity firm ARQUES Industries. ARQUES led a significant restructuring process which led to a major turnaround and international expansion for Rohner before selling the company in a secondary sale to another private equity firm (for more details, please see PrivCo's M&A and Financials Tables for Rohner AG). Rohner AG was founded by Joseph Rohner in 1906 remains headquartered Pratteln, Switzerland.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed |
| Year Founded: | 1906 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Pratteln |
| Country: | Switzerland |
| Phone: | View |
| Fax: | View |
| Website: | www.rohnerchem.ch |
Corporate Organization
| Subsidiaries: | Rohner Inc. |
| Brands: | RohnerChem Chemiefirma Rohner |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Manufacturing & Industrial > Chemical Manufacturing > Agricultural Chemicals |
| Manufacturing & Industrial > Chemical Manufacturing > Specialty Chemical Manufacturing |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Competitors
| BASF SE |
| Girindus AG |
| Merck & Company, Inc. |
| CU Chemie Uetikon GmbH |
| Orgamol SA |
| Siegfried Holding AG |
| Helsinn Advanced Synthesis SA |
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Income Statement | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
| Revenues | View | View | View | View | View | View | $37,526,000 | $47,984,000 | $55,000,000 | $70,000,000 | $60,966,000 | $58,000,000 |
| Operating Income (Loss) | View | View | View | View | View | View | ||||||
| Balance Sheet | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
| Current Assets | View | View | View | View | View | $35,600,000 | ||||||
| Non-Current Assets | View | View | View | View | View | $20,677,800 | ||||||
| Total Assets | View | View | View | View | View | $56,277,800 | ||||||
| Current Liabilities | View | View | View | View | View | |||||||
| Total Liabilities | View | $142,652,500 | ||||||||||
| Employee Figures | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
| Total Employees | View | View | View | View | View | View | 260 | 260 | 280 | 300 | 300 | 300 |
| Productivity (Revenue/Employee) | View | View | View | View | View | View | $144,331 | $184,554 | $196,429 | $233,333 | $203,220 | $193,333 |
| 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | |
| Net Asset Value | View | View | View | View | ($90,309,000) |
| Financial Notes: | |
| * | Rohner AG fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Rohner AG financials to Excel and create your own graphs.)
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Rohner AG Revenues ($ MM): |
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Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | 1990 | Completed | Rohner AG | Dynamit Nobel AG | Acquisition | Unspecified |
| Details | Dec. 2004 | Completed | Dynamit Nobel Special Chemistry Rohner AG Finorga SA Seripharm Novasep Applexion Orelis1 | Groupe Novasep SAS management | Management Buyout (MBO) Merger | Unspecified |
| Details | Dec. 2005 | For Sale | Rohner AG2 | Unspecified | Spin-Off | Unspecified |
| Details | Mar. 2006 | Completed | View3 | View | Acquisition Spin-Off | View |
| Details | Jan. 2009 | Completed | View4 | View | Secondary Sale Acquisition Leveraged Buyout (LBO) | View |
| 1 | On December 31, 2004, Rockwood completed a combination of three business lines that were acquired from Dynamit Nobel (Dynamit Nobel Special Chemistry, Finorga and Rohner) with Groupe Novasep SAS. As a result of the combination, Rockwood Specialties Group, Inc. owned approximately 79% of the combined company and Groupe Novasep SAS' management owned the remaining 21%. - Details → |
| 2 | As part of a restructuring plan, Rockwood Specialties Group subsidiary Groupe Novasep SAS announced plans to divest an under-performing Rohner AG. - Details → |
| 3 | Net assets acquired by ARQUES...Read More → |
| 4 | The sold assets of Rohner...Read More → |
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Bankruptcy & Restructuring
Detailed Business Description: Rohner AG
1980-1999: Shift in Focus & Change in Ownership
In the early 1980s, Rohner’s focus shifted from the commodity-based textile industry to chemicals and the company began acting as a toll manufacturer for Swiss pharmaceutical and agrochemical companies like Ciba-Geigy Ltd.
In 1990, Dynamit Nobel Group acquired Rohner from then owners Ciba-Geigy Ltd. and the Rohner family (Rohner Holding). Prior to the sale, Rohner Holding held a majority interest (57%) and Ciba-Geigy Ltd. held a minority stake (43%). Rohner AG became part of Dynamit Global Group’s custom synthesis division, which specialized in hazardous reactions and included Dynamit Nobel Special Chemistry (DNSC). At the time, Rohner’s repertoire of services included technologies like diazo chemistry for textile industry dyes and hydrazine chemistry along with those related to the production of substituted aromatics.
March 1999-2002: cGMP Pharmaceutical Facility Investment
In March 1999, Rohner AG and Dynamit… Continue Reading →
Exhibits
Supplemental Resources
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