CVC Capital Partners, the pan-European private equity firm, has bought-out the remaining equity from its co-investors in Verdugt, a Dutch food additives company, giving it 100% ownership of the company alongside Verdugt's management.

Verdugt was put up for sale at the end of January. A banker who examined the deal with a view to providing debt finance valued the business at between €150m ($193m) and €200m based on then current trading figures.