An O’Melveny team has advised PMC Capital Partners (PMC Capital) on the sale of StyroChem Canada (StyroChem) to Epsylite Holdings (Epsylite), a portfolio company of Balmoral Funds (Balmoral).
Financial terms of the transaction have not been disclosed.
StyroChem was founded in 1975 and was one of the first manufacturers of expanded polystyrene (EPS). StyroChem continues to supply high quality EPS products for customers across the globe from its base in Quebec, Canada. PMC Capital acquired the business back in August 2019.
The O’Melveny team guiding PMC Capital on this transaction was led by Corporate partner David Smith and counsel Melissa Wright.
