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”).
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.