Mcclarin MILWAUKEE (March 6, 2024) – McClarin Plastics, LLC (“McCLARIN”) completed a strategic acquisition and relocation of select polyolefin thermoset molding assets from Materia Inc., an ExxonMobil wholly owned affiliate. The transaction included a supply agreement for Proxxima™ resin systems for high performance composites and molded thermosets. Grace Matthews, Inc. served as advisor to McCLARIN on […]
Bruno Bock Evans Chemetics, a wholly owned subsidiary of Bruno Bock, announced today that it has sold its thioester business to Reagens USA. The thioester business consists of the Evanstab® family of secondary antioxidants products. Grace Matthews advised Evans Chemetics and Bruno Bock on this transaction. Reagens USA and Evans Chemetics agreed to a transition
Rheogistics LLC Grace Matthews advised the owners of Rheogistics LLC (“Rheogistics”) on its sale to The International Group, Inc. (“IGI”). Founded in 2000 and headquartered in Picayune, Mississippi, Rheogistics focuses exclusively on the science of rigid PVC processing. Rheogistics’ leading portfolio of proprietary, hydrocarbon wax-based additives and lubricant systems for rigid PVC offers superior performance
Meese, Inc. Tingue, Brown & Co., a global supplier of commercial laundry products has sold its subsidiary Meese, Inc (“Meese”) to Tank Holding (“Tank”), a portfolio company of Olympus Partners. Founded in 1931, Meese is a leading rotational molder of proprietary and custom-molded plastic products for a range of industries including laundry, recycling, material handling,
Ritus Corporation & Vanseal Corporation Grace Matthews advised the shareholders of Ritus Corporation, including its subsidiary Classic Molding Company, and Vanseal Corporation (VRC Holdings Inc., or “VRC”) on the sale of VRC to Blue Point Capital Partners (“Blue Point”). VRC was founded in 1963 and consists of Ritus Corporation, its subsidiary Classic Molding Company, and
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Americhem Group Americhem Group, a global provider of color and additive and engineered compound solutions for the polymer industry, acquired Vi-Chem Corporation, a leading compounder of specialty engineered resins used in injection molding, extrusion and blow molding applications. Grace Matthews advised Americhem on this transaction. Vi-Chem, based in Grand Rapids, Mich., employs 85 people and
Compass Chemical International Compass Chemical International LLC (Compass) has been acquired by One Rock Capital Partners, LLC (One Rock). Financial terms of the transaction were not disclosed. Grace Matthews, Inc., a Milwaukee-based investment bank, advised the seller, BMMC Holdings LLC, on the transaction. With operations in Smyrna, GA, and Huntsville, TX, Compass is a leading
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Eastman Chemical Eastman Chemical, a global leader in specialty chemicals, fibers and advanced materials located in Kingsport, Tennessee, engaged Grace Matthews to advise them on their acquisition of Knowlton Technologies, LLC, located in Watertown, New York. Eastman’s interest was driven by Knowlton’s technical capabilities in wet-laid media prototyping and formulation expertise in non-woven materials. Here,
ColorMatrix Corporation – PolyOne Corporation Audax Group, a Boston-based private equity firm, engaged Grace Matthews (along with a co-advisor) to develop and execute a strategy to maximize value to a strategic buyer during the sale of ColorMatrix, a portfolio company of Audax Group and a world leader in colorants and additives for plastics. Having advised
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Vesta, Inc. Vesta, Inc., based in Franklin WI, specializes in manufacturing and assembling silicone rubber components for medical device applications. As one of the fastest growing businesses in its industry, Vesta had been regularly contacted by both strategic and financial buyers interested in pursuing an acquisition of the company. The shareholders of Vesta engaged Grace
