Scott-Macon Group Advises Westlake Chemical Corp. on the Sale of Westech Building Products ULC
Westlake Chemical Corporation, a global manufacturer and supplier of petrochemicals, polymers and building products headquartered in Houston, Texas, has sold Westech Building Products ULC to Trusscore, Inc.
Westech®, based in Calgary, Alberta, began in 1979 as Engineered Profiles, Ltd. The company is a leading producer of PVC extruded profiles and custom shapes for windows and doors and other PVC-building materials industries. In 1984 it offered the first fully welded casement systems to window fabricators. Later it added new systems to keep up with the growing demands for maintenance-free, energy-efficient, vinyl windows. In addition to its core window and door systems, Westech® produces various PVC building products including walls, panels, docks and decks.
Based in Palmerston, Ontario, Trusscore is a material science company developing sustainable building materials. The company manufactures a range of products for multiple uses that install faster than alternatives with a durable, finished appearance. Applications include garages, workshops, hospitality venues, restaurants, offices, barns, indoor grow rooms, animal containment facilities and rooms that require a crisp, clean, long-lasting finish.
Scott-Macon’s Chemicals & Related Industries Group served as the exclusive financial advisor to Westlake in this transaction.
Scott-Macon’s Chemicals & Related Industries Group and M&A Services
Serving a wide range of clients in the chemicals and related industries, Scott-Macon’s transaction experience has included corporate advisory assignments in chemical M&A, valuations and strategic advisory, and capital markets assignments in private and public markets.
Our clients have ranged from large global corporations looking to expand their existing operations or divest businesses that are not strategic to private equity funds seeking to build a new or existing portfolio investment. We assist clients throughout all stages of the sale or acquisition process and develop strategy and valuation parameters before the initiation of the process.
Scott-Macon Chemicals & Related Industries Group professionals have held senior management positions in the chemical industry.