Grupo Industrial Saltillo Sold Ditemsa Plastics to ARRK
Seale & Associates advised Grupo Industrial Saltillo, S.A. de C.V., a leading Mexican industrial company, on the sale of Ditemsa Moldes de Plastico S.A. de C.V., its plastic injection mold toolmaking business, to NPL-Ditemsa, S.A. de C.V., a business unit of AARK Corporation, the world’s largest toolmaker and prototype producer.
About GIS
Grupo Industrial Saltillo, S.A. de C.V. (BMV: GISSA) is one of Mexico’s leading industrial companies operating in the automotive, building products and housewares industries with revenues of approximately US$880 million.
GIS’s automotive business includes the world’s largest non-captive cast iron foundry, an aluminum foundry, and production of small ductile iron casting auto parts. The Building Products Business produces ceramic tiles and water heaters. The Housewares Business produces kitchenware and tableware. For more information, visit www.gis.com.
About Seale & Associates
Seale & Associates Inc. is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise-level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information, visit www.sealeassociates.com.