Natrium Capital Limited is pleased to announce it has advised GIL Investments Limited (“GIL”) on the sale of its investee company Iconichem Group Limited (“ICoNiChem”) to the ultimate shareholders of Eti Bakir A.S. (“Eti Bakir”). GIL invested in ICoNiChem in 2016. ICoNiChem manufactures a range of inorganic cobalt and nickel chemicals at its UK manufacturing facility and supplies its products to customers around the world operating in a range of industries. Under GIL’s stewardship the business continued to make significant improvements to its processing capabilities and finished product characteristics to meet evolving customer requirements.