May 2016 – Buy Side Advisory
About the Transaction
A3 Capital has served as exclusive financial advisors to Sanimax Industries Inc. (“Sanimax”) in the acquisition process of the totality of the shares of Folem Indústria e Comércio S/A (“Folem”). Present from the analysis of investment options until the transaction closing, the partners of A3 Capital have produced market and business documents as well as the valuation that supported the investment, and guided the negotiation terms and structure, including the necessary governance configuration.
From Sanimax’s 16 locations in Canada and the U.S, the company serves customers across the continent and around the globe. Sanimax’s roots lie in rendering, one of the world’s oldest methods of recycling. More than a century later, it continues to be a central part of their business, but they have also taken the underlying philosophy of rendering – reclaiming material, renewing it, and returning it to the market – and extended it in new directions. Today, Sanimax offers a range of by-product collection services, as well as specialized maintenance for the restaurant industry. Sanimax is a leading supplier of ingredients for agriculture and animal nutrition and a globally respected source for hides and skins.
For further information, please access: www.sanimax.com
In 1997, Mr. Altair Barazetti (founding partner) had the idea of founding a company focused on the manufacturing of animal oil and flour in order to process material that was not fit for human consumption. The idea was to establish a model company, different from other companies that they did not have adequate infrastructure to process such material. In late 1999 the construction of a pavilion in Eneas Marques began, and initially held a production of 75 tons per day. In June 8, 2000, Folem Indústria e Comércio S/A started its production already with expansion intentions, as the demand for the finished product had already grown.. The search for constant development and growth to serve the market is Folem’s main objective. In addition, other important areas for the company involve maintaining a good relationship with its customers and increasing its productivity for the flour and oil markets creating a higher potential for the product.
For further information, please access: www.folem.com.br