Donald F. Haller, Jr., director and major shareholder, commented, “SECOS has made tremendous progress in the past few years. We are grateful to Mark and his investor group for quickly recognizing the value of SECOS and participating in this placement. We value Deutsch Capital as true partners and look forward to working with Mark as we continue to build the business.”
Mark Deutsch, President of Deutsch Capital, said, “Having been in private equity for over 30 years, I have seen many companies that fall into the “sustainable” space. For many reasons, this sector is exceedingly difficult. SECOS clearly has a differentiated business model that has proven successful and, I believe, the company is in the early stages of building a transformative business that will change the bioplastics market. We are extremely grateful that SECOS has chosen to work with Deutsch Capital.”
ABOUT SECOS GROUP LIMITED
SECOS Group Limited (ASX: SES) is a leading developer and manufacturer of sustainable packaging materials. Established in 2002 and based in Melbourne, Australia, SECOS supplies its proprietary biodegradable resins, packaging products and high-quality cast films to a blue-chip global customer base. The company has manufacturing plants in China and Malaysia and sales offices in Australia, Malaysia, China, Mexico and the United States. In addition, the company has a network of leading distributors across North and South America, Europe, Asia, the Middle East, Africa, and India. To learn more, visit SecosGroup.com.au.
ABOUT DEUTSCH CAPITAL
Based in White Plains, NY, Deutsch Capital is a private equity firm that invests in lower middle-market companies across a wide range of industries. Typical investments are in privately owned niche manufacturing, business services and building products companies with sales of $10 million to $100 million. Selectively, the firm also invests in early stage businesses. To learn more, visit www.DeutschCapital.com.