I. Stern has been sold to Ravago

All Industrial Technologies, North America, Sellside, Specialty Chemicals and Ingredients

I. Stern & Co, Inc. (“I. Stern”) has been sold to Ravago Americas, a division of Ravago Group.

I.Stern is a privately-held distributor/reseller of resins with an emphasis on Styrenics, Polypropylene and PET materials. I.Stern was founded in 1991 and has over $100 million in annual revenue.

Ravago Group is one of the world’s leading distributors and marketers of plastics, resins and specialty chemicals, operating in 55 countries with more than 7,000 employees.

EC M&A* acted as exclusive financial advisor to I. Stern on this transaction.

*Represents transaction executed by Senior Professionals at EC M&A at prior firms