The ICEC Group (ICEC), the world’s leading sulphur marketing and logistics company, retained Capstone Partners to explore strategic alternatives, including a potential sale.
Following a focused strategic review, Capstone Partners negotiated the sale of ICEC to The Oxbow Group (Oxbow), led by Bill Koch, a major global producer and distributor of carbon related products.
Both ICEC and Oxbow provide critical services to many of the world’s largest oil and gas companies in connection with the disposal of by-products generated by the oil refining process.
ICEC, founded in 1948 and 100% employee owned, manages over six million tons of sulphur, sulphuric acid and fertilizers annually from locations in more than 20 countries in six continents.
Oxbow is the global leader in marketing petroleum and calcined coke, operates one of the most productive underground mines in the U.S. and trades in a variety of carbon and industrial products.
[Capstone Partners] expert negotiating skills, comprehensive transaction management capabilities and constant attention to service enabled us to engineer a superior outcome with a very sophisticated and substantial strategic buyer. [Capstone Partners] has provided us with exceptional financial advice for more than a decade, always keeping the best interests of ICEC as their top priority.
