Peruquimicos: Sale

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Sale of Peruquimicos to Advent International

In September 2016, Advent International acquired 100% of Peruquimicos S.A.C. through its subsidiary GTM Holdings.

Peruquimicos was established in 1995 and is the largest distributor of chemical products in Peru. Their operations include the import, storage and distribution of chemical products to over 1,000 clients.

GTM Holdings is the second largest chemical products distributor in Latin America, with operations in Peru, Argentina, Brazil, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua and Panama.

The transaction is Advent International’s first investment in Peru and positions GTM Holdings as the new largest chemical products distributor in Peru. It also contributes to the company’s regional platform in Latin America.

EFIC Partners acted as financial advisor to Peruquimicos during the transaction.