Press Release W. R. Grace & Co. - UOP
COLUMBIA, MARYLAND - Seale & Associates, Inc. announced that it acted as exclusive financial advisor to W. R. Grace & Co. ("Grace") on the sale of its Grace Davison Membranes Business to UOP LLC, a Honeywell International company.
The Grace Davison Membranes Business, a component of Grace Davison's Specialty Technologies product group, manufactures and sells polymer-based membranes used in natural gas separation processes.
W.R. Grace & Co. (NYSE:GRA) is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide range of industrial applications; sealants and coatings for food and beverage packaging, and specialty chemicals, additives and building materials for commercial and residential construction.
UOP LLC is a leading international supplier and licensor of process technology, catalysts, adsorbents, process plants, and consulting services to the petroleum refining, petrochemical, and gas processing industries. UOP is a wholly-owned subsidiary of Honeywell International, Inc. Honeywell is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials.
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.