This document is a report detailing the advisory services provided by DC Advisory for the sale of SAFECHEM to Itelyum. SAFECHEM, based in Germany, specializes in the safe and sustainable use of solvents for cleaning heavily machined metal components. Under CBPE Capital's ownership, SAFECHEM has focused on expansion and innovation, enhancing its market position. The report outlines how DC Advisory was engaged as the exclusive sell-side advisor to explore strategic options for CBPE Capital's investment in SAFECHEM. A tailored auction process was conducted to identify suitable buyers, leveraging DC Advisory's expertise in the industrial chemicals sector. The successful sale, completed in February 2024, is noted to create growth opportunities for both SAFECHEM and Itelyum, which focuses on circular economy practices. The report emphasizes DC Advisory's commitment and strategic advice throughout the transaction process, contributing to a successful outcome.