M&A Deal Summary

TowerBrook Capital Partners Acquires PolymerLatex

On May 1, 2003, private equity firm TowerBrook Capital Partners acquired plastics company PolymerLatex

Acquisition Highlights
  • This is TowerBrook Capital Partners’ 1st transaction in the Plastics sector.
  • This is TowerBrook Capital Partners’ 1st transaction in Germany.
Investment Fate
  • PolymerLatex was sold to a publicly-traded strategic buyer in 2011 for 376M GBP.

M&A Deal Summary

Date 2003-05-01
Target PolymerLatex
Sector Plastics
Buyer(s) TowerBrook Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

PolymerLatex

Marl, Germany
PolymerLatex is the third largest latex producer in Europe, serving the paper, carpet and moulded foam, and specialties end-user markets.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

TowerBrook Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 22.8B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TowerBrook Capital Partners is a private equity firm focused on leveraged buyouts, leveraged build-ups and distressed situation investments throughout North America and Europe. TowerBrook prefers control-oriented investments and actively pursues complex situations that other firms may avoid. Target sectors include consumer services, distribution, beverages, pharmaceuticals, media, technology, communications, software, and healthcare. TowerBrook Capital Partners was established in 2001 and is headquartered in New York City.


DEAL STATS #
Overall 10 of 101
Sector: Plastics M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 10 of 36
Country: Germany M&A 1 of 2
Year: 2003 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-05-01 Cablecom GMBH

Zurich, Switzerland

Cablecom is the largest cable communications provider in Switzerland, providing a wide range of services including cable television, Internet access and telephony services to consumer and business customers. Cablecom serves approximately 2.0 million analog cable television (CATV) subscribers, through its own network and partner networks, representing approximately 74% of the Swiss CATV market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-01 Auto Europe Group

Portland, Maine, United States

Auto Europe Group is a global distributor of leisure car rental services. Auto Europe operates three primary business units: Auto Europe - North America, which brokers car rentals for outbound North American travelers to Europe under the Auto Europe and Kemwel brands; Auto Europe - Europe, which brokers car rentals for intra-Europe travelers; and DriveAway Holidays, which brokers car rentals for outbound Australian travelers to Europe. Auto Europe Group was founded in 1954 and is based in Portland, Maine.

Buy -