October 1, 2018 | Deals
GCA Altium advises Mesgo Group on its sale to HEXPOL
The Mesgo Group is engaged in the development and production of high-performance and customized rubber compound solutions made of natural, synthetic, silicone and fluorocarbon rubber, both black and colored, as well as thermoplastic compound solutions, additives and pigment master batches.
Francesco Caldara, Mesgo Group’s majority shareholder, will retain, together with a minority stake, the position of CEO within the company and will continue to be supported by the management team which has already been in place for many years.
Commenting on the transaction, Francesco Caldara said: “I’m enthusiastic about this industrial partnership with HEXPOL. I’m convinced that this opportunity will strengthen our Group, give continuity to its growth and accelerate its international expansion. With its sizeable installed base of customers, HEXPOL is uniquely positioned across the growing compounding industry and will allow us to reach new markets and qualified customers. With this new project, together with the management’s continued commitment, we will make the best use of our technology and further accelerate our production efficiency.”
Carlo Dawan, Managing Director at GCA Altium, added: “This deal confirms GCA Altium’s effectiveness in making challenging projects a success and marks another high profile transaction for us in the industrial space.”