DALLAS, June 28, 2016 – CFS Antioxidantes de Mexico, S.A. de C.V., a Mexican subsidiary of publicly held Camlin Fine Sciences, Ltd. of India, has acquired a majority stake in Dresen Quimica, S.A.P.I. de C.V. (Dresen).
Capital Alliance Corp. (cadallas.com), a global mid-market investment banking firm based in Dallas, represented Dresen in the transaction.
Established in 1987 and headquartered in Mexico City, Dresen manufactures and distributes a broad portfolio of specialty chemicals products, such as antioxidant blends, bactericides and mold inhibitors. These products are used by animal nutrition and pet food manufacturers. In addition, products are used in the aqua culture and rendering industries. Dresen operates in Mexico, Guatemala, Peru and Colombia.
The majority stake gives India-based Camlin, a specialty chemicals manufacturer, a beachhead in Mexico for future expansion into North, Central and South America. Camlin has operations in Italy, Brazil and Mexico.
Companies domiciled in India are more visible in the Mexican specialty chemicals M&A scene.
Mexican and Indian business owners have much in common in terms of the way they conduct business, said Antoine Marchand, CAC’s practice leader for Mexico, who represented Dresen in the deal. Both countries are developing, the entrepreneurial spirit is strong, and there is an understanding of how larger companies are built from a base of family-owned businesses that create competitive and quality global partnerships, he said.
“I think that with this acquisition, Camlin expands its footprint in the Americas and has established a healthy partnership with Dresen that aims at gaining a global position in the shelf life solutions space. Their strategic goals are closely aligned on where they want to be in the future,” Marchand said.
About Capital Alliance Corp.
Capital Alliance Corp. is a global middle-market investment banking firm, providing consulting services for mergers and acquisitions. The company represents client companies in a variety of markets, including energy, technology, construction and engineering, manufacturing and business services. Since its founding in 1976, the privately held firm has completed more than 200 transactions with an aggregate transaction value in excess of $3 billion. For more than 25 years, Capital Alliance has been a member of M&A International, a membership organization of investment banking firms operating in the major economies of the world.
Capital Alliance Corporation
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www.cadallas.com
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