Transaction details

Ethica Corporate Finance advised Brunetti family, shareholder of API, in the disposal of the company to Trinseo, a listed US Group

Ethica Corporate Finance advised Brunetti family, shareholder of API (Applicazioni Plastiche Industriali), in the disposal of the company to Trinseo, a listed US Group leading manufacturer of plastic materials and synthetic rubber.

API is an Italian company specialized in the production of thermoplastic elastomeric compounds and bioplastics. The company, founded in 1956 by Sergio Brunetti in Vicenza district, has developed a deep experience in the production of plastic compounds and customized elastomerics supported by a continuous research into innovative and customized compounds.

Trinseo is a global chemical company, listed on NYSE, providing plastic materials, latex binders and synthetic rubber.

Lorenzo Brunetti, API’s Vice Chairman and son of Sergio Brunetti, said: “After 60 years of successful history, API today celebrates an important milestone. We deem the transaction with Trinseo as the natural evolution of our sound experience, reputation and flexibility in thermoplastic elastomer, to be combined with Trinseo’s energy, strength and global presence”.

Chris Pappas, Trinseo’s Chairman and CEO, commented: “Trinseo’s first acquisition is directly aligned with the company strategy to grow the Performance Material businesses and will benefit customers across a breadth of market applications and geographies”.

“}” data-sheets-userformat=”{“2″:513,”3”:{“1″:0},”12”:0}”>Ethica Corporate Finance advised Brunetti family, shareholder of API, in the disposal of the company to Trinseo, a listed US Group

Ethica Corporate Finance advised Brunetti family, shareholder of API (Applicazioni Plastiche Industriali), in the disposal of the company to Trinseo, a listed US Group leading manufacturer of plastic materials and synthetic rubber.

API is an Italian company specialized in the production of thermoplastic elastomeric compounds and bioplastics. The company, founded in 1956 by Sergio Brunetti in Vicenza district, has developed a deep experience in the production of plastic compounds and customized elastomerics supported by a continuous research into innovative and customized compounds.

Trinseo is a global chemical company, listed on NYSE, providing plastic materials, latex binders and synthetic rubber.

Lorenzo Brunetti, API’s Vice Chairman and son of Sergio Brunetti, said: “After 60 years of successful history, API today celebrates an important milestone. We deem the transaction with Trinseo as the natural evolution of our sound experience, reputation and flexibility in thermoplastic elastomer, to be combined with Trinseo’s energy, strength and global presence”.

Chris Pappas, Trinseo’s Chairman and CEO, commented: “Trinseo’s first acquisition is directly aligned with the company strategy to grow the Performance Material businesses and will benefit customers across a breadth of market applications and geographies”.