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Paramax Corporation is pleased to announce the sale of Chemical Design, Inc. to Zeton International Inc. Paramax served as exclusive M&A advisor to Chemical Design, Inc. on this transaction

About the Transaction

Chemical Design, Inc. (“CDI”) designs, engineers, and supplies process equipment used in purification, filtration, and separation processes. Founded in 1959, the Western New York-based Company’s expert knowledge is applied in systems for air separation, refining and petrochemicals, natural gas, hydrogen, poly crystal silicon, and other specialty applications. CDI’s customers include educational institutions, engineering firms, and Fortune 500 companies across a variety of industries, including refining, petrochemicals, and industrial gases.

The buyer, Zeton International Inc. has two operating companies who are designers and builders of innovative lab scale systems, pilot plants, demonstration plants, and small modular production plants. With operations in Oakville, ON Canada, Burlington, ON Canada, and Enschede, The Netherlands. The acquisition of CDI enhances Zeton’s service offerings and global client base.

Paramax Corporation, and its wholly owned subsidiary Paramax Securities, LLC, (collectively as “Paramax”) designed and executed a sales process which identified strategic buyers who would find potential synergies with CDI’s highly technical business. As a result, Paramax was able to generate strong interest from several strategic buyers during the process. Paramax is a FINRA-registered investment banking firm focused on advising companies and shareholders in sell-side M&A transactions to strategic buyers at after-tax optimized prices. Paramax is headquartered in Williamsville, NY with an International reach through its partnership in Globalscope Partners Ltd., a group of international corporate finance and business advisors operating globally to support M&A transactions.