Imerys Considering the Sale of Four Calcium Carbonate Plants to Omya

Sept. 4, 2013 - Imerys said that it recently received an offer from Omya for the acquisition of four industrial sites that process calcium carbonate for the paper industry. Three of the sites are located in Europe — Sainte-Croix de Mareuil in France; Köping in Sweden; Massa in Italy, and the fourth site in Kimberly, Wisconsin, USA.

Total revenue in 2012 for the production facilities was approximately EUR 75 million, Imerys said.

According to Imerys, it is in exclusive negotiations with Omya to examine the feasibility of a mutually beneficial deal, in particular with a view to ensure long-term supply and high-quality service for customers.

Pending results of the feasibility study, the deal could be completed in the 1st quarter of 2014, Imerys noted.

SOURCE: Imerys