GPD Companies Announces Distrupol Divestiture to Omya
Deal News | Dec 04, 2024 | One Rock Capital
GPD Companies, Inc. announced a definitive agreement to divest Distrupol, a leading distributor of thermoplastics and elastomers, to Omya, a global distributor of specialty materials. The transaction is expected to finalize in the first quarter of 2025, pending regulatory approvals. Under the ownership of GPD, Distrupol has executed an aggressive expansion strategy, notably through acquisitions in the Nordic region and growing its operations across major European countries. One Rock Capital is the private equity backer of GPD Companies, under whose ownership Distrupol thrived. This strategic move also involves DC Advisory as the financial advisor and Latham & Watkins LLP as the legal counsel for GPD Companies.
Sectors
- Chemicals
- Private Equity
- Financial Advisory
Geography
- Europe – Distrupol has expanded its operations significantly in Europe, including the UK, Ireland, Nordics, Benelux, and other regions.
- United States – GPD Companies is a US-based company.
Industry
- Chemicals – Distrupol operates within the chemical industry as a distributor of thermoplastics and elastomers. It supports the polymer producing industry.
- Private Equity – One Rock Capital is the private equity firm backing GPD Companies, which owns Distrupol.
- Financial Advisory – DC Advisory is involved as a financial advisor in the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| GPD Companies, Inc. | Selling Company | Company | GPD Companies is a leading global value-added distributor, owning Distrupol, with operations in Nexeo Plastics. |
| Distrupol | Target Company | Company | A European distributor of thermoplastics and elastomers, serving the polymer producing industry. |
| Omya | Bidding Company | Company | A leading global producer of essential minerals and distributor of specialty materials. |
| DC Advisory | Financial Advisor | Company | Serving as financial advisor for GPD Companies in the divestiture of Distrupol. |
| Latham & Watkins LLP | Legal Advisor | Company | Serving as legal counsel for GPD Companies in the divestiture process. |
| Kurt Schuering | CEO | People | CEO of GPD Companies, Inc. |