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BCS successfully advises Carbo Ceramics on sale of Russian ceramic proppant business

Carbo Ceramics is to sell Carbo Ceramics Cyprus Limited, which owns a proppant manufacturing facility in Kopeysk, Russia, to Petro Welt Technologies AG (PeWeTe).

The BCS Global Markets team acted as an exclusive financial advisor to Carbo Ceramics Inc. on the transaction.
Yuri Prilipov, Head of Investment Banking, BCS Global Markets, says: “We are highly pleased with the results of the deal and are looking forward to the full approval of the transaction by the Russian Federal Antimonopoly Service. We believe that it was a highly competitive process, with maximised coverage of the market and potential buyer’s universe, which allowed us to deliver best valuation for Carbo’s Russian ceramic proppant business. The transaction represents growing market confidence in the expertise and capability of the BCS Global Markets Investment Banking platform.”

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