Grey Mountain Partners has exited its investment in Robbins Holdings Inc., including Robbins LLC, to HEXPOL AB. Grey Mountain had owned the Company since 2007. Terms were not released. Grey Mountain Partners is a Boulder, Colorado-based private equity firm.
Grey Mountain Partners (“Grey Mountain”) announced the sale of Robbins Holdings, Inc., including Robbins LLC (the “Company”), to HEXPOL AB (OM: HPOL B). Grey Mountain had owned the Company since 2007.
About Robbins LLC:
The Company is a leading total polymer solutions provider. Robbins produces custom mixed rubber compounds and molded products for a diverse set of end-markets and has three production facilities in the US: Muscle Shoals, AL; Findlay, OH; and Tallapoosa, GA.
About HEXPOL AB (OM: HPOL B):
HEXPOL is a world-leading polymers group with strong global positions in advanced rubber compounds (Compounding), gaskets for plate heat exchangers (Gaskets) and wheels made of plastic and rubber materials for truck and castor wheel application (Wheels). Customers are primarily OEM manufacturers of plate heat exchangers and trucks, global systems suppliers to the automotive industry and engineering industry and the medical technology industry. The Group is organized in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. HEXPOL’s sales in 2011 amounted to 7,197 MSEK. The HEXPOL Group has approximately 3,100 employees in ten countries. Read more at www.hexpol.com.
About Grey Mountain Partners:
Grey Mountain Partners is a Boulder, Colorado-based private equity firm that focuses on partnering with management to create lasting value through operational improvements. Grey Mountain invests at the small end of the middle-market in companies across a wide range of industries and is currently investing from its second fund, Grey Mountain Partners Fund II, LP.
For additional details on the transaction, to discuss new investment opportunities or to learn about Grey Mountain’s Executive Sponsorship Program, contact Jason Urband.