Bercen Chemicals
Bercen Chemicals Acquired by Vertellus
Carter Morse & Goodrich ("CMG") is pleased to announce that it served as the exclusive financial advisor to Cranston Print Works ("CPW") in the divestiture of its Bercen Chemicals division to Vertellus, a global privately-held specialty chemical company.
Founded in 1958, Bercen was a division of Rhode Island based CPW, an employee owned company since 1987. Bercen is a leading US supplier of alkyl succinic anhydrides and additives used in the fuel, lubricant, and paper industries. Based in Denham Springs, Louisiana, Bercen supplies maleic anhydride derivatives primarily for paper sizing and other industrial applications.
Vertellus is a leading provider of specialty chemicals for the agriculture, nutrition, pharmaceutical, fine chemicals, medical, personal care, plastics, coatings and other industrial markets. Their products are used every day - toothpaste, deodorants, vitamins, pharmaceuticals, detergents, plastics, adhesives, inks, tires and more. Vertellus has more than 800 employees and 10 manufacturing plants around the world, including in the US, Europe, China and India
Vertellus
Carter Morse & Goodrich
Located in Southport, Connecticut, Carter Morse & Goodrich is a boutique M&A advisory firm that specializes in representing founder-led and family-held businesses valued between $25 million and $250 million. While CMG provides a full range of investment banking services, our primary focus is representing owners who are pursuing their once-in-a-lifetime M&A transactions. CMG specializes in advising leading companies in niche markets to plan, prepare, execute, and close successful transactions that maximize shareholder value. CMG fully understands and appreciates the unique dynamics of closely-held businesses and the importance of owner legacies. For 35 years, the combination of our hands-on approach, senior banker attention, strategic guidance, seamless transaction execution and extensive network of domestic and international resources has enabled us to become a trusted advisor to hundreds of business owners.
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fmorse@cartermorse.com
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