- Offer for whole group
- Strong engagement with holdco management
- Effective tax structure for seller
- Focused due diligence
- Minimal impact on business unit management
PRIVATE FAMILY DIVESTMENT EXAMPLE
Wescon Controls has been a leading OEM manufacturer of Light Duty and Heavy Duty Mechanical Controls and Cable Assemblies, divested in 2016.
Wescon Plastics is a USA based, close tolerance precision injection molder located in Wichita, Kansas. The company utilizes considerable expertise in processing engineered resins along with state of the art molding equipment to serve a variety of leading industrial OE Manufacturers including Heavy Duty Truck, Outdoor Power Equipment, Reserve Power Batteries, HVAC, and Oil & Gas Production equipment. Materials processed include high temperature PEEK and PPS, filled and ignition resistant PC/ABS/PBT/PP, chemical resistant PUR and PES, over-molded TPE as well as commodity resins including PA6/6, POM, and PS+PPE alloy.
Coast Wire & Plastic Tech., LLC
Manufacturer of custom electronic wire and cable products, for the medical, instrumentation and commercial electronic industries divested in 2014.
MC Electronics manufactures multi-conductor, high voltage, discrete, coaxial, IBC ribbon and AMP FFC cable assemblies. They also specialise in medium to high complexity harness assemblies and produces discrete, coaxial and IDC assemblies. They provide full-service cable and harness assembly capabilities as well as strategic component sourcing and supply chain management, engineering and prototyping, and testing services. MC Electronics works directly with customers’ engineering departments in the design and engineering of new and existing products and is based in Hollister, California and Juarez, Mexico.
Anderson & Forrester
Suppliers of fittings, orifices, drills and tools to the gas industry divested in 2014.
- Seller: Latshaw
- Date: September 2012
- Value: not disclosed
- Family selling for estate
- Type: Auction
- Seller’s Adviser: William Blair
- Number: 5
- Sectors: Industrials, Electronics
- Geography: USA, Mexico
- Coast Wire and Plastic Tech
- MC Electronics
- Wescon Controls
- Wescon Plastics
- Anderson & Forrester