| MacDermid Amends Planned IPO Filing | | Print | |
| Written by Mike Buetow | |||
| Tuesday, 31 July 2012 19:22 | |||
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DENVER, CO -- MacDermid Group has filed an amended registration statement with the SEC in connection with a proposed registered public offering of shares of its common stock. MacDermid Group is headquartered in Delaware and a direct, wholly owned subsidiary of MacDermid Holdings. Prior to the IPO, MacDermid Holdings and the MacDermid Inc. Profit Sharing and Employee Savings Plan will engage in a swap for the common stock of MacDermid Group. MacDermid expects to generate up to $200 million from the offering, which will take place as soon as practicable. The latest filing is a the eighth amendment to MacDermid's original filing, submitted in July 2011. Company chairman and CEO Dan Leever, with help from multiple venture capital firms, took MacDermid private in April 2007.
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A series of workshops next month on compliance with RoHS and other directives will help US companies looking to break into the European market.
