Veyance Technologies, Inc., a portfolio company of The Carlyle Group, divested its Molded Products Business to BRC Rubber & Plastics, Inc. Quarton Partners acted as the exclusive financial advisor to Veyance Technologies and The Carlyle Group in managing the sale process.
Veyance Technologies’ Molded Products Business is a provider of engineered molded rubber solutions to automotive, commercial vehicle, industrial, marine and other niche markets. The Business’ engineered molded products are utilized in a variety of applications, including vibration control, noise suppression, sealing and energy absorption. Veyance’s Molded Products Business is located in Quebec City, Canada. Veyance Technologies, Inc. is the exclusive manufacturer of Goodyear Engineered Products worldwide. In addition to power transmission products, Veyance manufactures and markets Goodyear-branded air springs, automotive belts and hoses, conveyor belts and services, industrial and hydraulic hose, rubber track and molded products.
BRC Rubber & Plastics, Inc. was founded in 1973 and is a leader in the design, development, engineering and manufacturing of molded rubber and plastic components. BRC maintains a broad range of rubber and thermoplastic molding capabilities, primarily for the automotive and industrial markets.
January 30, 2019
Finance Monthly Deal Maker Award for Quarton, a Cowen Company
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