Imerys Considering Sale of Four Calcium Carbonate Plants to Omya
 Print this article | Send to Colleague
Imerys, Paris, France, reports that it recently received an offer from Omya, Switzerland, for the acquisition of four industrial sites that beneficiate calcium carbonate for the paper market. These sites are located in Europe (Sainte-Croix de Mareuil in France, Köping in Sweden, Massa in Italy) and in the U.S. (Kimberly, Wis.), and represent a total revenue of approximately EUR 5 million.
Imerys and Omya have entered into exclusive negotiations to examine the feasibility of a mutually beneficial transaction, in particular with a view to ensure long-term supply and high-quality service for the customers. The process for the consultation of the relevant Imerys' works councils on this project is also being initiated at the same time. Pending results of this study, this project could be completed in the first quarter of 2014.
|
|
