August 30, 2016 9:33 PM ET

Chemicals

Company Overview of MacDermid, Inc.

Company Overview

MacDermid, Inc. engages in researching, developing, acquiring, manufacturing, marketing, and servicing specialty chemicals and systems for the metal and plastic finishing, electronics, graphic arts, and offshore oil industries. It offers photopolymer, newspaper, packaging, and publication and coating plates; high performance control fluids that include subsea production control fluids, blow out preventer control fluids, motion compensator/tensioner fluids, equipment flushing, testing, and storage fluids, and ancillary and specialty products for operators, drilling contractors, and OEM’s in the oil and gas industry; and chemical compounds for surface coating applications, including cleaning, ...

245 Freight Street

Waterbury, CT 06702

United States

Founded in 1922

Phone:

203-575-5700

Fax:

203-575-5630

Key Executives for MacDermid, Inc.

President
Age: 53
Vice President, General Counsel and Corporate Secretary of Platform
Age: 53
Executive Vice President of Advanced Surface Finishing and Printing Solutions Asia
Executive Vice President
Vice President of Business Development - MacDermid Offshore Solutions
Compensation as of Fiscal Year 2016.

MacDermid, Inc. Key Developments

MacDermid, Incorporated Announces Board Changes, Effective February 20, 2015

MacDermid, Incorporated announced the promotion of Scot Benson to the role of president of MacDermid, effective February 20, 2015. In his new capacity, Benson will have global responsibility for all MacDermid's operations consisting of Performance Materials and Graphic Solutions, including the Offshore Solutions and Autotype businesses. Benson will report to Wayne Hewett, newly-appointed president of platform. Benson has had a distinguished 16-year tenure, most recently as group president of Advance Surface Finishing (ASF) and Printing Solutions. Benson assumes the responsibility from Daniel H. Leever who led MacDermid for 25 years. The company also announced the retirement of Mark Hollinger.

Platform Specialty Products Corporation and MacDermid, Incorporated Enter into Second Amended and Restated Credit Agreement Agreement

On October 1, 2014, Platform Specialty Products Corporation, MacDermid, Incorporated and together with Platform, MacDermid Holdings, LLC, certain subsidiaries of Holdings and Platform party thereto, Barclays Bank PLC, as collateral agent and administrative agent and the lenders party thereto, entered into an incremental amendment to that certain second amended and restated credit agreement dated as of August 6, 2014 among the Borrowers, the Agent, the lending institutions from time to time parties thereto and the other agents and entities party thereto. The Credit Agreement, as amended by the Incremental Amendment, provides for a senior secured credit facility consisting of U.S. Dollar term loans in an aggregate principal amount of $1,055 million, a U.S. Dollar revolving credit facility in an aggregate principal amount of $25 million, and a multi-currency revolving credit facility in an aggregate principal amount of $25 million. Except as in the Incremental Amendment, the New USD Term Loans have identical terms as the Existing Term Loans, including a maturity date of June 7, 2020. Holdings and certain restricted subsidiaries of the Borrowers and Holdings acting as guarantors under the Credit Agreement will guarantee the Borrowers' obligations under the New USD Term Loans. The New USD Term Loans will also be secured by the collateral pledged by the Borrowers and the Guarantors under the Security Agreement.

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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