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The acquisition broadens the geographic and end-market mix for Mississippi Lime and HBM Holdings.
July 8, 2019
By: KERRY PIANOFORTE
Editor, Coatings World
Mississippi Lime Company, a global supplier of high-calcium lime products and a portfolio company of HBM Holdings, announced it has executed a definitive agreement to acquire the Calera, Alabama lime business of Covia. The Calera business supplies high-calcium quicklime and hydrated lime products to customers in the Southeastern U.S., and across a range of end uses and applications. “We are thrilled to welcome the Calera operation to our business,” said William Ayers, CEO of Mississippi Lime. “This acquisition advances our mission to provide world-class lime products and solutions through differentiated quality, technical expertise, and customer service. Entering the Southeast enables us to expand this tradition in an attractive market, while growing our customer and end market base.” The Calera operation increases Mississippi Lime’s production facilities to nine locations, supported by a network of distribution sites throughout the country. The business will be fully integrated into existing Mississippi Lime operations.
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