CASE STUDY: PROMAPLAST
PromaPlast Divestiture to 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. 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.