# Cray Valley sells three product lines to Pacific Avenue Capital Partners

TotalEnergies' affiliate Cray Valley has accepted an offer from Pacific Avenue Capital Partners for the acquisition of three product lines: Wingtack, PolyBD and Dymalink. The transaction includes four production sites in the United States and the Cray Valley Italy affiliate.

- Type: Acquisition
- Announced: 2023-04-11
- Where: Exton, Pennsylvania, United States
- Status: announced
- Products: Wingtack resins, PolyBD resins, Dymalink resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Resin Solutions](https://endata.com/companies/69726.md)
- [TotalEnergies](https://endata.com/companies/9252.md) (partner)
- [TotalEnergies](https://endata.com/companies/9252.md) (target)
- [Pacific Avenue Capital Partners](https://endata.com/companies/31452.md) (acquirer)
- [Cray Valley](https://endata.com/companies/39782.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20230411005580/en/TotalEnergies-SE-UK-Regulatory-Announcement-TotalEnergies-Cray-Valley-Affiliate-Sells-Three-Product-Lines-to-Pacific-Avenue-Capital-Partners), 2023-04-11: "TotalEnergies has accepted an offer from Pacific Avenue Capital Partners for the acquisition of three product lines (Wingtack®, PolyBD® and Dymalink®) developed by Cray Valley, its resin production and sales affiliate."
- [newswire.com](https://www.newswire.com/news/pacific-avenue-capital-partners-forms-resin-solutions-llc-to-acquire-22009373), 2023-04-13: "We are excited about the Resin Solutions investment and the Company's ability to capitalize on the growing demand for functional additives."
- [pacificavenuecapital.com](https://pacificavenuecapital.com/uncategorized/pacific-avenue-capital-partners-forms-resin-solutions-llc-to-acquire-three-product-lines-from-totalenergies-cray-valley/), 2023-04-13: "We are excited about the Resin Solutions investment and the Company's ability to capitalize on the growing demand for functional additives."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.