- The ICEC Group (ICEC), the world’s leading sulphur marketing and logistics company, retained TM Capital to explore strategic alternatives, including a potential sale
- Following a focused strategic review, TM Capital 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
Client Testimonial
TM Capital's 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. TM Capital has provided us with exceptional financial advice for more than a decade, always keeping the best interests of ICEC as their top priority.”William Zisson, President, ICEC
