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CASE STUDY: PROMAPLAST

PromaPlast Divestiture to IMCD

PromaPlast Divestiture to IMCD

PromaPlast has been acquired by IMCD

TARGET

PromaPlast

INDUSTRIES

Chemicals

TRANSACTION TYPE

Company Sale

GEOGRAPHY

State of Mexico, Mexico

SITUATION

Seale & Associates acted as financial advisor to PromaPlast Resinas, S.A. de C.V., Proveedora de Materiales Plasticos, S.A. de C.V. and PromaPlast USA Inc., (collectively “PromaPlast”), on the successful agreement to divest the companies to IMCD N.V. (“IMCD”). 

OUTCOME

Seale managed a limited auction process with leaders in the specialty chemicals distribution industry.

Seale's experience in past processes, including previous transactions with IMCD, was crucial to the success of this transaction. Seale developed a trusting relationship with PromaPlast shareholders for over 10 years.

The process resulted in a successful acquisition of PromaPlast by IMCD N.V. a global leader in the sales, marketing, and distribution of specialty chemicals and ingredients.

Seale & Associates played a fundamental role as our guide and advisor for this very successful transaction.

"Seale & Associates played a fundamental role as our guide and advisor for this very successful transaction. The team’s professionalism, integrity, and dedication to the project were key for taking care of all important details involved in the transaction."

Ricardo Mendez
CEO of PromaPlast

Are you exploring the sale of your company or divesting a non-core business from your portfolio?

Seale & Associates offers trusted advisory services for both private business owners and multinational corporations. Contact us today to learn how we can guide you through the complexities of a sale process and help you to evaluate the full range of strategic alternatives for your business.