Confluence Advisors, LLC (“Confluence”) served as the exclusive sell-side advisor to Ross Mould Group (“Ross”) in the sale of Ross Mould Hungary (“RMI”) and Ross Mould South Africa (“RSA”) to OMCO International (“OMCO”). Ross will continue to serve North and South America through Moldes Medellín (Colombia). Headquartered in Belgium, OMCO has over 1,900 employees that operate its mould shops and foundries across six countries.
Ross is a global producer of cast iron and bronze moulds and other equipment used in the manufacturing of glass containers for the food and beverage industry.
“The combination with OMCO brings together the world’s two largest glass mould manufacturers, a combination that will provide unrivaled service to the global customer base. The transaction was complicated, and Confluence was able to provide us valuable strategic direction and a terrific outcome." said Mark Ross, President and CEO.
Jim Moyle, Senior Managing Director of Ross added, “This international transaction rivaled much larger ones in terms of complexity and Confluence skillfully negotiated every turn. It was a true pleasure to work with the Confluence team.”
About Confluence Advisors
Confluence Advisors helps business owners maximize the sale of a business, raise optimal funding, or acquire a business. With over 80 years of combined deal experience and more than $2 billion in transactions, the Confluence team works every day to help companies and their stakeholders through critical business transitions.