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Rohner AG

Private Company Ticker Symbol™: (ROHNAGP)

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.

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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

Industry Codes

PICS™:1000302™, 1000318
NAICS:View
SIC:View

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especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.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)

Below are Rohner AG financials and other business metrics displayed in table format.
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Income Statement201120102009200820072006200520042003200220012000
RevenuesViewViewViewViewViewView$37,526,000$47,984,000$55,000,000$70,000,000$60,966,000$58,000,000
Operating Income (Loss)ViewViewViewViewViewView      
Balance Sheet201120102009200820072006200520042003200220012000
Current Assets ViewViewViewViewView$35,600,000     
Non-Current Assets ViewViewViewViewView$20,677,800     
Total Assets ViewViewViewViewView$56,277,800     
Current Liabilities ViewViewViewViewView      
Total Liabilities   View  $142,652,500     
Employee Figures201120102009200820072006200520042003200220012000
Total EmployeesViewViewViewViewViewView260260280300300300
Productivity (Revenue/Employee)ViewViewViewViewViewView$144,331$184,554$196,429$233,333$203,220$193,333
201120102009200820072006200520042003200220012000
Net Asset Value  ViewViewViewView($90,309,000)     
Notes
Financial Notes:
*Rohner AG fiscal year end: 12/31
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Charts, Financials, and Statistics (Graphs)

Below are Rohner AG financials and other business metrics displayed in table format.
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Rohner AG Revenues ($ MM):
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Rohner AG Operating Income (Loss) ($ MM):
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Rohner AG Current Assets ($ MM):
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Rohner AG Non-Current Assets ($ MM):
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Rohner AG Total Assets ($ MM):
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Rohner AG Current Liabilities ($ MM):
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Rohner AG Total Liabilities ($ MM):
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Rohner AG Total Employees:
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Rohner AG Productivity (Revenue/Employee) ($):
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Rohner AG Net Asset Value ($ MM):
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Mergers & Acquisitions

PrivCo's M&A Activity table for Rohner AG displays the mergers and acquisitions involving Rohner AG, for example if Rohner AG acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
Details1990CompletedRohner AGDynamit Nobel AGAcquisitionUnspecified
DetailsDec. 2004CompletedDynamit Nobel Special Chemistry
Rohner AG
Finorga SA
Seripharm
Novasep
Applexion
Orelis1
Groupe Novasep SAS managementManagement Buyout (MBO)
Merger
Unspecified
DetailsDec. 2005For SaleRohner AG2UnspecifiedSpin-OffUnspecified
DetailsMar. 2006CompletedView3ViewAcquisition
Spin-Off
View
DetailsJan. 2009CompletedView4ViewSecondary Sale
Acquisition
Leveraged Buyout (LBO)
View
Notes
1On 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 →
2As part of a restructuring plan, Rockwood Specialties Group subsidiary Groupe Novasep SAS announced plans to divest an under-performing Rohner AG. - Details →
3Net assets acquired by ARQUES...Read More →
4

The sold assets of Rohner...Read More →

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Bankruptcy & Restructuring

PrivCo's Bankruptcy & Restructuring table for Rohner AG displays any bankruptcy filings or voluntary restructurings involving Rohner AG.
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TypeDate EnteredDate ExitedAssetsLiabilities
DetailsViewMar. 2006ViewViewView
DetailsRestructuringDec. 2005Mar. 2006

Detailed Business Description: Rohner AG

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Rohner AG. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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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 →


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