SAN FRANCISCO– Inclusive Capital Partners, L.P. (“In-Cap”), led by Founder, Managing Partner, and Portfolio Manager Jeffrey Ubben, has publicly called for Corbion N.V. to consider strategic alternatives to address what it perceives as significant shareholder undervaluation. In a letter addressed to Mathieu Vrijsen, Chair of Corbion’s Supervisory Board, In-Cap expressed concerns over the company’s current market performance and urged proactive measures to close the existing value gap.
In-Cap, which has been a significant investor in Corbion for over two years, disclosed that funds managed by the firm now hold 10% of Corbion’s outstanding shares, making them the second-largest shareholder. Despite Corbion’s projected cash flow growth of approximately 15% this year, In-Cap highlights the “dramatic” underperformance of the share price. This discrepancy has led In-Cap to believe that decisive action is necessary to unlock Corbion’s intrinsic value.
Jeffrey Ubben stated in the letter that Inclusive Capital remains deeply committed to long-term value creation within its core portfolio companies, identifying Corbion as a key investment where substantial value optimization opportunities exist. The firm emphasizes its focus on active partnerships with companies whose core businesses contribute to solutions for environmental and social challenges, aligning with Inclusive Capital Partners’ broader mission.
The call for strategic alternatives underscores Inclusive Capital Partners’ active approach to investment and its dedication to enhancing shareholder value through constructive engagement and a focus on sustainable and responsible business practices.
For access to the full letter from Inclusive Capital Partners to Corbion N.V., please refer to the following link: In-Cap Letter to Corbion N.V..pdf
About Inclusive Capital Partners:
Inclusive Capital Partners, established in 2020 and based in San Francisco, is an investment firm founded by experienced investors passionate about leveraging capitalism and governance to promote a healthier planet and its inhabitants. Inclusive Capital Partners actively seeks partnerships with companies providing solutions to environmental and social issues, aiming to achieve long-term shareholder value through active engagement with these businesses.
Contacts
Kristin Roemmer
media@in-cap.com
+1 415-625-8980
