• Based in Valencia, Spain, Guzman Polymers is a leading distributor of polymers for varying industries in Southern Europe
  • The company is a subsidiary of Guzman Global, a family-owned group that distributes raw materials, with over 80 years of history
  • Guzman Polymers has sales of €180m, distributing 80k tons of plastics and employing 125 professionals
  • Hromatka, an Austrian organisation founded in 1969, is also a family-owned business engaged in the distribution of polymers, with leading presence in Central and Eastern Europe
  • The companies’ relationship dates back 15 years and both share a similar business philosophy


  • DC Advisory (DC) was engaged by Guzman Global to act as financial advisor to provide sell-side M&A advice on the sale of a majority stake of Guzman Polymers
  • The terms of the agreement were set in 2019 and the impact of the Covid-19 pandemic accelerated the process
  • DC provided comprehensive financial advisory services to Guzman Global throughout the sale process including:
    • process strategy and tactics
    • due diligence coordination
    • deal structuring
    • financial modelling and valuation
    • support in negotiations
    • advice on transaction documentation


  • Under the agreement, Hromatka acquired a majority stake of Guzman Polymers
  • The groups complement each other in terms of geographical coverage, product portfolio and suppliers
  • This transaction represents the creation of a European leader in the distribution of polymers
  • DC ensured all work streams were successfully completed in a timely manner
  • DC Advisory's extensive experience in industrial operations, and its excellent international capabilities, were key in the success of the transaction