Investcorp Bank, a Bahrain-based investment firm, currently is exploring a sale of Polyconcept, Roelofarendsveen, Holland, potentially worth more than $1.3 billion.
Reuters reported that Investcorp Bank is working with two other investment banks, William Blair & Co. LLC and Barclays PLC, in the auction for Polyconcept. The auction currently is in its second round of bidding, and sources told Reuters that the potential sale has attracted interest from private equity firms.
In 2005, Investcorp Bank acquired control of Polyconcept after buying it from BC Partners Ltd.
Polyconcept North America is the parent company of multiple promotional products businesses, such as Bullet, Leed’s JournalBooks/Timeplanner Calendars and Trimark.
We will continue to follow this story as it develops.
