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Industry News

Conference panel to explore taking a family-owned business to private equity

MFG chemical leaders will share their insights on succession planning

mfg
August 28, 2018

Leaders of MFG Chemical will share their experiences with adding a private equity firm to a family-owned business in a panel at the Specialty & Agro Chemicals America conference.

CEO Keith Arnold says he and the other executives are pleased to offer their insights during the Sept. 6 session titled “Family-Owned to Private Equity: Succession Planning Case Study” at the Charleston, SC, tradeshow.

The company, which has developed specialty and custom chemicals since its founding in 1981, brought in Platte River Equity in 2017 to develop a strategic growth plan, which included the recent acquisition of a fourth chemical plant that enhanced manufacturing capabilities.

MFG Chemical’s success should be helpful to many companies whose representatives will attend the event, conference organizer Tom Leahy says. “Many of the attendees at this tradeshow come from family-owned chemical companies who are currently or will soon be facing issues of succession planning for their future growth.”

On the panel, Arnold will be joined by founding family member and Board Member Tom Kasser and Platte River Equity Managing Director Kris Whalen.

MFG Chemical, based in northern Georgia, serves a variety of markets including agriculture, lubricants, paintings and coatings, and paper and pulp.

KEYWORDS: company operations

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