Seale Advises Oxbow Carbon on the Sale of Oxbow Sulphur to H.J. Baker & Bro.
WEST PALM BEACH, FLORIDA – Seale & Associates, Inc. (“Seale”) announced that it acted as exclusive financial advisor to Oxbow Carbon, LLC (“Oxbow”) on the sale of Oxbow Sulphur (“Sulphur”), a leading sulphur and sulphur-based products distribution, marketing, and trading company moving more that 4 million tons annually, with over US$500M in annual sales, to H.J. Baker & Bro, LLC, (“H. J. Baker”) a global manufacturer and supplier in the animal health, nutrition, and sulphur industries.
“We’re proud to have served Oxbow once again on another important transaction” said Jim Seale, President of Seale & Associates. Carlos Hernandez, Managing Director, added: “While this was a complex project operating on a global scale, we enjoyed working with Oxbow and H. J. Baker to solve the many interesting challenges in this transaction”.
Oxbow Sulphur, formerly known as ICEC, is the largest independent marketer of sulphur and sulphur-based products in the world. Sulphur serves refineries and gas producers, as well as fertilizer producers, mining companies, and other clients in a wide range of industries. The company owns the largest independent sulphur rail car fleet in North America, and is present in 15 countries, with operations and facilities in Canada and the United Kingdom, as well as sales offices in the United States, Canada, Kazakhstan, China, Singapore, and the Netherlands.
Oxbow Carbon, LLC, headquartered in West Palm Beach, Florida, is one of the nation’s largest private companies. The company is the world’s leading marketer of petroleum coke and calcined coke, and trades in other carbon and industrial products such as coal, gypsum, met coke, anthracite, and activated carbon. Oxbow has significant operating assets globally including sea and land terminals, calcining plants, pet coke upgraders, and transportation assets. Oxbow has offices or facilities in approximately 25 countries and conducts business in almost 100 countries around the world.
H.J. Baker & Bro., LLC, headquartered in Shelton, Connecticut, is a global manufacturer and supplier of products in the animal health, nutrition, and sulphur industries. Founded in 1850, the company offers crop nutrients, including micronutrients, organic fertilizers, and sulphur fertilizers; elemental sulphur products; and feed ingredients, including protein concentrates, dairy by-pass protein supplements, and feed fats for the poultry, dairy, swine, and aquaculture industries.
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. For more information, please visit www.sealeassociates.com.