MEP is pleased to announce the sale of its stake in the company, Rocsa Colombia S.A. (“Rocsa”), through the fund “MAS Equity Fund III”. Rocsa was founded in 1997, and with MEP’s support since December 2017, it has positioned itself as a leading chemicals distribution company in the Andean region. The Fund’s investment was used to execute the reverse takeover of Inproquim (second biggest company of the Colombian market), consolidating and expanding the product portfolio and increasing the market share. The successful absorption of Inproquim was achieved levering its commercial service efficiency and strong relationship with its suppliers, the company grew during these years at a higher rate than the overall sector.

MEP's value creation through its “Building Blocks” methodology was developed on different levels: (i) Strengthening of management team and adoption of better corporate governance practices, (ii) Backing of inorganic growth through the acquisition of Inproquim, (iii) Improvement of capital structure and financing conditions, (iv) Implementation of an environmental and social action plan (ESG), which was 98% fulfilled at the company's exit and (v) Support on the international expansion plan of the company, increasing the geographic footprint from 2 to 6 countries.