Company Description
Alcon Industries, Inc. (“Alcon” or the “Company”) is one of North America’s largest suppliers of fabricated and cast high-temperature furnace components. Its foundry specializes in heat-resistant castings and utilizes sand casting, centrifugal casting, and investment casting, along with fabrication welding, to manufacture a range of niche products, including base trays, fixtures, baskets, and components for furnaces, incinerators, and kilns.
Services Provided
Alcon Industries was advised by MelCap as exclusive investment banker and financial advisor in connection with the sale of certain assets to Wirco.
MelCap worked closely with Alcon’s leadership to rapidly evaluate strategic alternatives and execute an accelerated marketing process while navigating transaction complexities and challenging industry headwinds.
The Result
MelCap orchestrated the successful sale of certain operating assets of Alcon to Wirco. Wirco plans to deploy the acquired operational assets to expand its manufacturing capabilities across fabricated components, centrifugal castings, and static castings, increasing production capacity and providing greater flexibility to meet growing customer demand.
Deal Team
We would also like to thank the legal deal teams that worked on this transaction. We could not have completed it without their tireless efforts and expertise, including Alcon’s legal team at Calfee, Halter & Griswold LLP and Wirco’s legal team at Barrett McNagny LLP. We would also like to thank Alcon’s trusted business advisor, Mark Filippell, for all his advice and expertise throughout the entire process.
“We appreciate the tireless commitment and professionalism that the staff at MelCap Partners and Mark Filippell devoted to this transaction.”
