At IMC, we believe in partnership. Luck notwithstanding, we believe our modest success over the past 40 years has been almost entirely attributable to working in partnership with good and talented people towards worthwhile goals. In our experience, partnership with others has proven to be the best and most enjoyable means for achieving positive outcomes for customers, employees and owners.
Our partnerships with management are based on the following:
We are interested in acquiring businesses to join IMC's family of companies.
We evaluate each potential acquisition within a fairly simple framework. We seek to acquire majority ownership positions in good businesses – businesses that provide a lasting benefit to society, growth for their employees and strong financial returns. We do not intend to sell the businesses that we own. IMC expects to earn above average returns on its capital invested in its businesses, and values companies on their ability to generate long-term cash flow rather than on resale value.
Companies with the following characteristics are most likely to find IMC to be an attractive partner: