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Sicelub Divested its Business to Colfax

Sicelub has been acquired by Colfax
TARGET
Sistema Centrales de Lubricación
TRANSACTION TYPE
Company Sale
INDUSTRIES
Industrials
GEOGRAPHY
Mexico City, Mexico

SITUATION

Seale & Associates was retained by the majority owners of Sistemas Centrales de Lubricación, a leader in the reconfiguration of the tribo-thermodynamic processes of the energy Industry’s dynamic equipment to advise on the sale of their shares in the company to their minority partner Colfax Corporation.

The majority shareholder had attempted to do the same transaction in the past without success.

OUTCOME

The process resulted in the successful sale of the majority owners’ shares to their minority partner at a fixed price that considered the historical performance of the company plus a variable price that would consider the earnings achieved by the company in the years following the transaction.

Seale’s involvement sent a strong signal to our partner about the seriousness of our intent and their involvement was instrumental to help us conclude an excellent deal for both us and our partner.

"We attempted to sell our majority ownership to our joint venture partner on several occasions, but each time we did not reach agreement because their proposal never met our expectations. Seale’s involvement sent a strong signal to our partner about the seriousness of our intent and their involvement was instrumental to help us conclude an excellent deal for both us and our partner."

Carlos González BernalPresident and CEO Sistemas Centrales de Lubricación, S.A. de C.V.

Are you exploring the sale of your company or divesting a non-core business from your portfolio?

Seale & Associates offers trusted advisory services for both private business owners and multinational corporations. Contact us today to learn how we can guide you through the complexities of a sale process and help you to evaluate the full range of strategic alternatives for your business. 

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