Press Release Grace 4 materials businesses
COLUMBIA, MARYLAND - Seale & Associates, Inc. ("Seale") announced that it acted as exclusive financial advisor to W. R. Grace & Co.-Conn. ("Grace") on the divestiture of its flash chromatography instruments business to B-chi Corporation; its SPE cartridges business to S*Pure Pte. Ltd.; its Vydac & select Alltech analytical HPLC columns business to Hichrom, Ltd.; and its MODcol preparative columns, packing services and equipment, additional Alltech analytical HPLC columns, and select chromatography media businesses to Dr. Maisch GmbH. These businesses were part of Grace's Materials technologies segment, which manufactures materials used in coatings, consumer, industrial, packaging, and pharmaceutical applications.
"We are pleased to have worked these deals for our client" said Carlos Hernandez, Vice President. Jim Seale, President of Seale & Associates, added "We are delighted to have had the opportunity to successfully manage additional transactions for Grace".
BUCHI Corporation is a division of BUCHI Labortechnik AG, a Swiss manufacturer and global supplier of laboratory equipment to the pharma, chemicals, and food/beverage industries.
S*Pure Pte. Ltd., based in Singapore, is a laboratory and scientific equipment supplier.
Hichrom Ltd., based in the United Kingdom, is one of the world's leading manufacturers and distributors of HPLC and ultrahigh performance liquid chromatography (UHPLC) columns and accessories.
Dr. Maisch GmbH, based in Germany, is a high-quality manufacturer and supplier of chromatography products.
W.R. Grace & Co. (NYSE:GRA) is a leading global supplier of catalysts and engineered materials. The company's two industry-leading business segments'Catalysts Technologies and Materials Technologies' provide innovative products, technologies, and services that enhance the products and processes of their customer partners around the world. Grace employs approximately 3,700 people in over 30 countries.
Seale & Associates, Inc., headquartered in Arlington, Virginia, 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.