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A Midwestern ethanol plant that transformed into a producer of grain-based, high quality specialty alcohols has a new owner.
CC Industries recently acquired Marion Indiana-based CIE, which operates a “world-class, commercial-scale distillery.”
Ocean Park, a boutique investment bank and financial advisory firm, served as a financial advisor to CIE during the transition.
Mark Fisler, partner and managing director for Ocean Park, tells Brownfield “CIE is a great example of a business that successfully transformed itself over the course of time through a combination of strategic thinking and vision.
Written by: Leah Jones