NEWBURY, Ohio (April 3, 2009)—Polymer TransAction Advisors Inc. is opening an office in Mumbai, India, with a goal of providing the Indian polymer and plastics industry its expertise in international business acquisitions, mergers, technology licensing, joint ventures and other growth opportunities.
The Newbury-based company, which has completed more than 180 industry transactions globally, focuses on rubber and plastics operations and has assisted more than 500 firms achieve profitable internal and external growth over the last decade via its offices in the U.S., Europe and Latin America, President Bill Ridenour said.
Gurudutt Trasy, a long-time industry veteran and a chemical engineer, will oversee the office in India.
In a separate move, Polymer TransAction announced that Philip Spanninger has joined the firm as a senior adviser. The career business executive is considered an expert in strategic partnering and acquisitions of all types, Ridenour said.