RYE, N.Y., April 2, 2019 /PRNewswire/ — Dunes Point Capital, LP (“DPC”) has sold Miller Chemical & Fertilizer, LLC (“Miller”), a division of Industrial Group Holdings, LLC (“IGH”), to J.M. Huber Corporation. Located in Hanover, PA, Miller is a manufacturer and distributor of non-hazardous crop protection adjuvants and nutritional agrichemical products designed to improve plant and crop production quality and yield. Miller sells its products into the farming and agriculture industries, with customers in 90 different countries. Miller has its headquarters in Hanover, PA and also has operations in 8 other countries. For more information, please visit www.millerchemical.com.
For DPC, The Valence Group, LLC and Houlihan Lokey Capital, Inc. served as M&A advisors, Kirkland & Ellis LLP served as legal advisor, and Alvarez & Marsal Transaction Advisory Group, LLC served as financial advisor.
About DPC
Founded in 2013, DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial sector. DPC targets companies with enterprise values of up to $500 million. For more information, please visit www.dunespointcapital.com.
About Miller
Founded in 1937, Miller is a manufacturer and distributor of non-hazardous crop protection adjuvants and nutritional agrichemical products designed to improve plant and crop production quality and yield. Miller sells its products into the farming and agriculture industries, with customers in 90 different countries. For more information, please visit www.millerchemical.com.
About IGH
Founded in 2014, Industrial Group Holdings, LLC (“IGH”) is a holding company that included seven groups of assets that DPC acquired in 2014. These seven groups of assets included Ehrhardt Tool & Machine, LLC, Haysite Reinforced Plastics, LLC, John Wood Company, LLC, Miether Bearing Products, LLC, Miller Chemical & Fertilizer, LLC, Modern Equipment Company, LLC, and Synthane-Taylor (Canada) Ltd. In addition, IGH acquired Standard Locknut, LLC in 2015, Multisource Manufacturing LLC in 2016 and Coenen Mechanical, LLC in 2017.
SOURCE Dunes Point Capital, LP. Copyright © 2019 PR Newswire. All rights reserved