Cri-Tech Technologies, a leading domestic manufacturer of fluoroelastomer compounds and additives, LLC retained Shields & Company to evaluate a range of strategic alternatives that would provide liquidity for its major shareholder and enable the company to strengthen its leading position on the specialty compound market. The result of the sale process was the acquisition of Cri-Tech by Daikin America, Inc., the domestic chemical division of Daikin Industries, Ltd. The transaction allowed Daikin America to further expand both its domestic and global presences.
Shields & Company acted as a financial advisor to Cri-Tech Technologies, LLC in the above transaction.
