Industry News, Suppliers News

GTM Announces Sale to Advent International

Grupo Transmerquim, S.A. is the second-largest chemical distributor in Latin America

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

GTM (Grupo Transmerquim, S.A.), the second-largest chemical distributor in Latin America, has announced that its founding shareholders have signed a definitive agreement to transfer control of GTM to Advent International, one of the largest and most experienced global private equity investors. The transaction is expected to close in December 2014. Terms of the agreement were not disclosed.   Since its founding in Guatemala 31 years ago, GTM has grown organically to become one of only two chemi...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters