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July 9, 2015
By: Catherine Diamon
Imerys has entered into exclusive negotiations with Solvay to acquire its PCC (precipitated calcium carbonates) division comprised of four plants in Europe (Germany, Austria, France and the United Kingdom). This business serves mainly the automotive (polymers, etc.), building (paints, coatings, sealants) and consumer goods markets (health & beauty, etc.) through specialty applications. It generated €59 million revenue in 2014. The conclusion of this operation is subject to prior consultation with employee representatives and approval by the relevant regulatory authorities. Its completion should become effective during the second half of 2015.
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