Sun Acquisitions announced today the successful acquisition of PLC Corp., a manufacturer of anti-freeze products, by Imperial Lubes & Supply, LLC. Imperial Lubes & Supply engaged Sun Acquisitions in a buy-side search to find a Chicago based lubrication manufacturing business to expand its product offerings. Imperial Lubes & Supply is a Chicago firm focused on distributing lubricants, coolants, functional fluids and other ancillary products and been in operation since 2012.
PLC packages and distributes anti-freeze chemicals for the automotive, industrial, laundry, and swimming pool industries. They have a robust customer base of aftermarket distributors of coolants, lubricants, and non-hazardous solvents. There are strong potential growth factors for a company within this industry such as getting into the fracking industry.
Sun Acquisitions executed this buy-side engagement for our client and generated a targeted list of potential companies in the area to acquire.
About Sun Acquisitions
Sun Acquisitions is a Chicago based mergers and acquisitions firm. We work with clients that are interested in the confidential sale, acquisition or valuation of privately held middle market and main street companies. Our professionals have significant experience and knowledge to thoroughly guide clients through each stage of the sale or acquisition process. Sun Acquisitions has successfully managed and handled engagement across all industries and is recognized as a leading M&A advisory firm in the Midwest.
If you are interested in buying or selling a business, contact us at (773)-243-1603 or email [email protected]
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