About the Transaction
International Chimney Corporation (ICC) was acquired by Beroa Corp., a subsidiary of Global Dominion Access, S.A. headquartered in Spain, on November 17, 2016. Paramax Corporation through its wholly-owned subsidiary Paramax Securities, LLC, served as the exclusive financial advisor to ICC on this transaction. The acquisition of ICC, a leading North American service provider for industrial structures, allows Dominion, through Beroa Corp., to reinforce their range of services and solutions provided to the combined portfolios of industrial clients. ICC will continue to operate from its current location in Williamsville, New York.
About International Chimney Corporation (ICC)
With almost 90 years of experience and headquartered in Williamsville, New York, ICC is a leading company in the US market relating to the design, engineering, inspection and repair of Industrial Structures Services. Its extensive services portfolio encompasses other related services such as insulation, assembly projects, demolition, and structure transfer, including notable moves of the Cape Hatteras Lighthouse and the Shubert Theater.
Beroa is a subsidiary of Global Dominion Access, S.A., headquartered in Spain. They are specialized in Industrial Services and are a world-wide leader in tower, chimney, and other tall structure construction. They possess over 100 years of experience managing industrial processes in innovative ways to improve efficiency.