Fredericks Michael & Co. acted as the exclusive financial advisor SIMONA AG on SIMONA AMERICA INC.’s strategic acquisition of Laminations Inc. Laminations Inc. is a leading US manufacturer of high-density polyethylene and fluoropolymer sheet products and lining laminates. SIMONA AMERICA is a major manufacturer of polyolefins and polyvinyl chloride sheets and rods. The acquisition price consisted of cash.
The acquisition supports SIMONA AG’s strategy to expand upon its global presence, broaden its product range and increase its production capacity to support growth in the North American market. The combined product lines and capabilities position SIMONA AMERICA as a market leader for semi-finished plastic products in the chemical processing and semiconductor industries.
FM&Co. advised SIMONA AG on a multi-step engagement process which included valuation, transaction structuring, and management of business, financial and legal due diligence, recommending negotiating strategies and tactics through closing of the transaction.
About SIMONA AG
SIMONA AG is a manufacturer of thermoplastic products, with production facilities and sales offices around the globe. Its team of 1,200 employees brings together best-in-class expertise and an unrivalled passion for customer service, while its portfolio of 35,000+ items represents one of the most extensive and diverse product ranges worldwide. In 2012 Annual Turnover was approximately EUR 300 million. Annual production exceeds 100,000 tonnes. SIMONA AG is a stock corporation listed in the General Standard of the Frankfurt stock exchange. The company's registered office is in Kirn, Rhineland-Palatinate (Germany). For more information, please visit www.simona.de
About Laminations Inc.
Laminations Inc. is a privately owned company based in Archbald, PA. The company is a leading manufacturer of high-density polyethylene (“HDPE”) and fluoropolymer sheet products and lining laminates. For more information, please visit www.laminations.com