Knox & Co. (www.knoxandco.com), a leading investment bank for middle-market and cross-border mergers and acquisitions announced today that it acted as exclusive financial advisor to Toyobo Co., Ltd. (“Toyobo”) on its acquisition of the common stock interest in Industrias Unidas S.A. (“IUSA”) from Marubeni Corporation and Itochu Corporation. Toyobo is a $4 billion film and industrial materials company based in Japan with global operations.
IUSA is located in San Salvador, El Salvador and processes yarn in various polyester/cotton blends into finished fabric which is dyed, printed and bleached to specific customer specification. IUSA employs approximately 700 employees and supplies customers in North, South and Central America from its 602,000 square foot manufacturing facility.
“We are excited to announce our role in this acquisition which demonstrates the firm’s capabilities in middle market cross border transactions globally,” noted Frederick Rossetti, Managing Director, Knox & Co., the lead banker for Toyobo. The Knox & Co. team included Matthew Andrejkovics and Iichiro Takahashi, both Vice Presidents, who were instrumental on this transaction, the value of which was not disclosed.
In addition to its focus on North American and Asian transactions, Knox & Co. has current mandates in South America and Europe. “As M&A advisors, we seek the best solutions for our clients, regardless of geography. Given our global transaction experience in 15 countries and on five continents, we feel uniquely qualified to represent clients in the middle market sector such as Toyobo,” Mr. Rossetti added.
Knox & Co. is an investment banking, consultancy and advisory firm specializing in two complementary advisory disciplines: Investment Banking and Corporate Reorganization. The firm undertakes assignments throughout North America and abroad. Knox & Co. conducts its securities-related business through its wholly owned subsidiary, Knox Securities Corp., member FINRA. In addition, the firm enjoys strategic alliances with major Asian financial institutions, including Mitsubishi UFJ Securities Co., Ltd.
Knox & Co. (www.knoxandco.com) has advised on more than 200 middle-market merger and acquisition and financial advisory assignments since its inception.
Contacts:
Rob Gedarovich, 203-705-9219
rgedarovich@creativepartners.com
or
Knox
& Co.
Frederick A. Rossetti, 203-226-6288 (x111)
frossetti@knoxcorp.com
