RSM advises on successful sale of Syntor Fine Chemicals

RSM, a leading audit, tax and consulting firm has advised on the successful sale of Syntor Fine Chemicals, a global developer and manufacturer of fine chemicals. Runcorn based Syntor was established in 2004 and was privately owned by shareholders, Simon Knowles and Andy Kellett.

Syntor was acquired by Aceto Chemicals, a leading global virtual manufacturer supplying niche, differentiated specialty materials in life sciences and advanced technology end markets, with operations in nine countries.

Aceto was acquired by New Mountain Capital in April last year, a New York based investment firm with over $20bn in assets under management.

RSM’s team was led by corporate finance partner John Gillibrand with support from Nick Wyatt and James Jarvis. Ward Hadaway acted as legal advisors led by Melanie Yeomans and supported by Mona Mojtabavi and Hollie Walsh.

John Gillibrand, Corporate Finance Partner at RSM said: ‘Having worked closely with Simon and Andy since advising them on their MBO in 2016, I was delighted that we could help them to achieve this result and complete our third deal in the chemicals sector in recent months.’