January 8th, 2016
The Valence Group has advised Berwind Corporation on its sale of Specialty Coating Systems to KISCO Holding, Inc., a Delaware subsidiary of KISCO, Ltd., an Osaka, Japan-based, privately held, diversified materials company. Terms of the transaction, which closed just prior to year-end, were not disclosed.
About Specialty Coating Systems
Specialty Coating Systems provides highly specialized parylene conformal coatings, coating services and equipment to the medical device, electronics, automotive and military/aerospace industries. Headquartered in Indianapolis, Indiana, the company has 11 locations worldwide, including 6 facilities in the Americas, 3 in Europe and 2 in Asia.
About Berwind Corporation
Berwind is a family-owned investment management company based in Philadelphia, PA. With its roots dating to 1886, Berwind has evolved into a diversified portfolio of highly successful manufacturing and service companies, which are leaders in their market niche across multiple industries, including pharmaceutical, specialty chemical, medical technology, automotive, commercial and emergency vehicle, pet food, life sciences, energy, general industrial and natural resources.
About The Valence Group
The Valence Group is a specialist investment bank offering M&A advisory services exclusively to companies and investors in the chemicals, materials and related sectors. The Valence Group team includes a unique combination of professionals with backgrounds in investment banking and strategic consulting within the chemicals and materials industries, all focused exclusively on providing M&A advisory services to the chemicals and materials sector. The firm’s offices are located in New York and London.