NovaScott: Sale

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Advisory to NovaScott on the sale of 50% of its shares to Scott Bader

In June 2024, NovaScott, a brazilian chemical specialties joint venture formed between Scott Bader and Novapol (subsidiary to Grupo IMSA), was acquired by Scott Bader. The company will change its name to Scott Bader Brazil.

NovaScott was founded in 2014, leveraging the expertise of Novapol Plásticos in the Brazilian chemical market and Scott Bader’s in the global chemical market, to produce high performance gelcoats.

The creation of Scott Bader Brazil will continue Scott Bader’s expansion into the Americas and its focus in the maritime, renewable energy and construction markets.

EFIC Partners, in partnership with Broadspan Capital, acted as financial advisors to Grupo IMSA, the sellers in the transaction.