Deloitte Corporate Finance acted as the exclusive financial advisor to ACH Foam Technologies in its sale to Atlas Roofing, a manufacturer of residential and commercial building materials. The transaction closed August 10, 2018.
Based in Westminster, CO, ACH manufactures a broad array of expanded polystyrene foam products and has a diverse portfolio of both shape- and block-molded EPS foam products that include architectural insulation, protective and cold chain packaging, geofoam and other industrial foam products. ACH’s customer base includes the packaging, industrials, construction and automotive industries.
“The Deloitte Corporate Finance team provided valuable advice and extensive experience working with entrepreneurial-based companies, along with in-depth knowledge of the insulation and packaging industries at every stage of ACH’s negotiations,” said Mike Huempfner, CEO of ACH. “ACH is pleased with the result of this transaction and we truly valued the insight and dedication Deloitte provided in helping us navigate the process.”
“Packaging sector deal-making has been hot recently, particularly in the protective packaging space,” said Will Frame, advisory principal, Americas leader, industrial products group leader, and head of paper, plastics, and packaging, Deloitte Corporate Finance. “We’re watching this active deal sector closely in coming months.”