The Polynt Group/PCCR USA completes acquisition of CCP Composites

Date closed: 12/1/2015

Value: Undisclosed

On December 1, 2014, The Polynt Group (Polynt Group) completed the acquisition from Total S.A. of the worldwide activities of CCP Composites, a wholly owned subsidiary of the Polynt Group. Together with Polynt Group productions (PCCR USA and Polynt Spa) the new company, with the new commercial brand "Polynt Composites" will become the worldwide leader in the thermosetting composites sector.

PCCR USA, headquartered Carpentersville, Illinois, is a producer of polymer resins.

TOTAL S.A., headquartered in Courbevoie, France, is an integrated oil and Gas company.

CCP Composites, headquartered in Courbevoie, France specializes in composite resins.

BLG represented PCCR USA in connection with the acquisition of the Canadian entities of CCP Composites and the related financing, with a team led by Jason Saltzman that included Alec Zimmerman, Andrew Hodhod and Joëlle Girard (financing),  Subrata Bhattacharjee (competition), and Steve Suarez (tax).