Lincoln International Represents SK Capital Partners in its Acquisition of Foremark Performance Chemicals (formerly D.B. Western - Texas)
The acquisition of Foremark Performance Chemicals represents Lincoln's 12th Chemicals deal in the last 12 months
NEW YORK, June 14, 2017 /PRNewswire/ -- Lincoln International ("Lincoln"), a leading global mid-market investment bank, represented SK Capital Partners ("SK Capital") in its acquisition of Foremark Performance Chemicals ("Foremark" or the "Company") a technology-driven producer of formaldehyde and derivatives, which was formerly known as D.B. Western - Texas.
Foremark, based in La Porte, Texas, produces formaldehyde (HCHO), urea-formaldehyde concentrates (UFC) and MEA triazine. Constructed in 2001, Foremark's facility is one of the largest HCHO, UFC and MEA triazine production plants in the world. Foremark serves a diverse range of end-markets, including oil and gas, building materials, textiles and chemical processing, among others.
Jack Norris, a Managing Director of SK Capital, commented, "With a strong understanding of SK Capital's investment strategy and value proposition, Lincoln helped us identify a unique opportunity and execute a successful transaction, enabling SK Capital to continue to grow its chemicals portfolio. Lincoln's deep industry knowledge and network led to an outstanding result."
Federico Mennella, Managing Director of Lincoln International, said, "This transaction showcases Lincoln International's deep industry knowledge in the chemicals arena and our unique ability to manage a successful buy-side process on behalf of a well-known private equity firm focused on the sector. We are delighted to have had the opportunity to represent SK Capital and generate significant value in a competitive process."
Lincoln International acted as the exclusive financial advisor to SK Capital, working closely with the Firm throughout the acquisition process. This included providing due diligence assistance, competitive and industry intelligence and valuation guidance throughout the various phases of the transaction.
For more information on our Global Chemicals Leadership Team, please visit http://www.lincolninternational.com/industries/chemicals/.
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With eighteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest.
More information about Lincoln International can be obtained at www.lincolninternational.com
Media Contact: Heidi Becker
[email protected]
(312) 506-2739
SOURCE Lincoln International LLC
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