StyroChem has been sold to PMC Capital
Lincoln International, is pleased to announce that StyroChem Canada, Ltd., a subsidiary of WinCup, Inc., has been sold to PMC Capital Group, LLC, an affiliate of PMC Global, Inc.
Headquartered in Montreal, Quebec, StyroChem is a leading manufacturer of expandable polystyrene (EPS). The company is the only North American producer of all four grades of EPS, including T-grade (food grade), block molding, shape molding and “lost foam”. Over the past four decades, StyroChem has earned its reputation as a high-quality producer of EPS products for global customers ranging from small businesses to Fortune 500 companies. The company’s management team has developed leading engineering, design and manufacturing expertise across the platform to manufacture EPS for foodservice, packaging, construction, casting and specialty applications.
Lincoln acted as the exclusive investment banking advisor to StyroChem, working closely with the company’s management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.
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