Benchmark International facilitated the transaction between Marlyn Chemicals, Marlyn Vulindlela (Marlyn Group), and Letsema Holdings (Letsema). Watch as the former founder of Marlyn Chemicals shares his experience working with Benchmark International throughout the M&A process.
Marlyn Group is a distributor of speciality mining chemicals and water treatment chemicals, providing technical and laboratory services as well as export logistics into Southern Africa.
Marlyn Group provides a variety of chemical solutions to the metal and mineral extraction sector, establishing itself as a prominent provider of activated carbon, sodium cyanide, hydrochloric acid, and caustic soda to the mining industry. With over 30 years of operational experience, the group has cultivated a strong customer base among leading mining companies, delivering high-quality products and technical support to the industry.
Founder of Marlyn Group, Les Palmer, commented on the transaction: "Benchmark's professionalism is the thing that impressed me. I wouldn’t have been able to handle the complicated negotiation and all the required paperwork on my own. Their expertise is exemplary!
“Letsema have negotiated in a fair and professional way throughout and I wish them all the best for their future with the two Marlyn companies.”
On behalf of Letsema, Group Executive: M&A and Partnerships, Keith van Niekerk, said of the transaction: “Letsema would like to extend their gratitude to Benchmark for all the hard work and assistance in getting the deal finalised. It has been a long road and we are grateful to Benchmark for their persistence, guidance, and patience.”
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL:
Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $10 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive M&A Advisor in the World by Pitchbook’s Global League Tables.