PwC Corporate Finance advises Primex on its sale to Oldcastle
PwC Corporate Finance* acted as exclusive financial advisor to the shareholders of Primex Technologies Inc. (“Primex” or the “Company”) on their sale to Oldcastle Infrastructure, Inc. (“Oldcastle Infrastructure”).
Founded in 1971, Primex is a leading developer of WiFi-transparent engineered plastic enclosures utilized by major broadband service providers across North America. The Company's products include media distribution enclosures made of ABS plastic that manage cable routing and enable the connectivity of high bandwidth to the subscriber premises. These products offer up to 15 times more wireless signal strength than metal alternatives.
The Company has achieved over 1 million installations to date, and with continued innovation has exciting plans to expand both its product line and market reach. Oldcastle Infrastructure, a division of Dublin-based building materials group CRH plc, has a network of more than 80 manufacturing locations for precast concrete and polymer-based products, such as underground vaults, drainage pipe and structures, utility enclosures and modular precast structures. Primex's complementary set of products extends Oldcastle Infrastructure's portfolio to the last mile of fiber-to-the-home.
*PricewaterhouseCoopers Corporate Finance Inc. acted as advisor and was assisted by PricewaterhouseCoopers Corporate Finance LLC (collectively, "PwC Corporate Finance") with respect to US persons. PricewaterhouseCoopers Corporate Finance Inc. is owned by PricewaterhouseCoopers LLP (Canada). PricewaterhouseCoopers Corporate Finance LLC is owned by PricewaterhouseCoopers LLP (US) and is a registered broker dealer and a member of FINRA and SIPC. Both PricewaterhouseCoopers LLP Canada and US are member firms of the PricewaterhouseCoopers Network.
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