SC&H Capital Advises P-D Valmiera Glass USA Corp. in its Sale to Saint-Gobain Adfors America, Inc.

SC&H Capital, a leading investment bank specializing in M&A advisory, announced it acted as the exclusive investment banker to P-D Valmiera Glass USA Corp. (“Valmiera”) in the sale of substantially all of its assets to Saint-Gobain Adfors America, Inc. (“Saint-Gobain”).

Valmiera, a leading producer of glass fiber materials and related products, retained SC&H Capital and was approved by the U.S. Bankruptcy Court for the Northern District of Georgia to find a buyer for the company. Valmiera operated both a needle mat facility and a state-of-the-art fiberglass furnace on 95 acres in Dublin, Georgia. With almost 450,000 square feet under roof, the facilities represented a major investment in the town and at one point employed more than 400 people.

Matt LoCascio, Principal at SC&H Capital, said, “When we were retained, the goal was to find a buyer with the financial and operational wherewithal to restart the furnace and bring these jobs back. After an extensive marketing process that covered the globe, the offer from Saint-Gobain presented the best opportunity to satisfy those objectives. These are highly specialized assets, and there are only a handful of groups in the world that are qualified to oversee an operation like this. We feel the sale to Saint-Gobain was the best option available for all stakeholders and wish them the best as they move forward as the new owners.”

Saint-Gobain, a French multinational corporation, founded in 1665, produces a variety of construction and high-performance materials. The company is a component of the Euro Stoxx 50 stock market index and has over 180,000 employees in 67 countries. Despite challenges from COVID-19 and an inability to visit the facility after early 2020, Saint-Gobain closed the transaction earlier this month.

Other professionals who worked on the transaction include:

• Rob Williamson and Ashley Ray, Scroggins & Williamson, P.C., Valmiera/debtor’s counsel

• Gary Marsh, Troutman Sanders LLP, counsel to SEB Banka

• Colin Bernardino and Todd Meyers, Kilpatrick Townsend & Stockton LLP, counsel to the official committee of unsecured creditors

• Matt Dundon and Alex Mazier, financial adviser to the official committee of unsecured creditors

About SC&H Capital

SC&H Capital, an affiliate of SC&H Group, is an investment banking and advisory firm providing merger and acquisition (M&A), employee stock ownership plan (ESOP), special situations, and business valuation solutions to middle market and growth companies nationwide. SC&H Capital delivers investment banking and advisory services across numerous industries including technology, healthcare, manufacturing, business and professional services, and government contracting to help owners achieve their exit planning goals and liquidity objectives. To learn more visit www.schcapital.com.