IMin Partners Buys Huber's Kaolin Business
April 2, 2008 - IMin Partners said that it has acquired the kaolin business of Huber Engineered Materials and named the company KaMin LLC.
The sale price was not disclosed. The deal became effective April 1.
KaMin LLC, which supplies high-quality kaolin products to paper and industrial customers worldwide, will be headquartered in Macon, GA.
“We are excited about the purchase of KaMin LLC and the opportunities and challenges facing the kaolin industry,” said Tom Chambers, Partner and Co-Founder of IMin Partners. “The high quality products and outstanding service Huber’s kaolin customers have come to expect will continue unchanged at KaMin LLC.”
IMin Partners, headquartered in Fort Worth, Texas, is a private equity capital fund dedicated to investing in specialty minerals and chemical businesses.
The new name for the company was selected from more than 200 submissions by Huber’s kaolin employees, and reflects the new company’s commitment to its kaolin customers and its strong support from IMin Partners.
SOURCE: KaMin LLC