About the Engagement
GMM Nonstick Coatings has been acquired by Showa Denko K.K. (SDK) (TYO:4004), a Japanese chemicals conglomerate. Stenvall Skoeld & Company Limited (SSCO) acted as exclusive financial advisor to the shareholders of GMM Nonstick Coatings.
Headquartered in Hong Kong and with manufacturing and R&D centers in China and India, GMM Nonstick Coatings (“GMM”) is a fast-growing specialty coatings company that specializes in producing customized nonstick coatings to the global cookware, bakeware, and small electric appliance industries. Every day more than 40 million Americans use products coated with GMM’s coatings.
Founded in 1939, SDK has more than 180 subsidiaries and affiliates around the world active in five business sectors: petrochemicals, aluminum, electronics, chemicals, and inorganic materials. GMM will be the platform company of a new SDK business unit.
Stenvall Skoeld & Company successfully managed a sales process involving entities in China, Hong Kong, India, and the United States.
Transaction Contacts
Per Stenvall
Managing Director
+86 136 8181 1313
pgstenvall@stenvall-skoeld.com
Carl-Johan Sköld
Director
+86 182 2122 5546
cjskoeld@stenvall-skoeld.com
About Stenvall Skoeld & Company
Stenvall Skoeld & Company (SSCO) is an M&A advisory firm with global reach on cross-border transactions. We act as financial advisors to buyers and sellers on mergers, acquisitions, divestitures, capital raises and other strategic and financial transactions and investment decisions. We specialize in cross-border transactions involving Asia, China in particular.
