Regulatory Filings • Jan 4, 2017
Regulatory Filings
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Imerys has closed the acquisition of Damolin, a Danish mineral-based solutions producer. This transaction will enable Imerys to enlarge its specialty offer to the European oil & chemical absorbent market, as well as to animal feed and cat litter businesses. Damolin has more than 30 years mineral reserves of moler, a highly absorbing and lightweight mineral.
With 154 employees and headquartered in Denmark, Damolin has operations in Denmark, Germany and France. It generated €45 million in revenues in 2015 across Europe.
Damolin will be reported for in the Filtration and Performance Additives business group.
The world leader in mineral-based specialty solutions for industry, with €4 billion revenue and 16,000 employees, Imerys delivers high value-added, functional solutions to a great number of sectors, from processing industries to consumer goods and building products. The Group draws on its knowledge of applications, scientific expertise and technological know-how to beneficiate its mineral resources, develop formulations and produce synthetic minerals. These contribute essential properties to customers' products and performance, including refractoriness, hardness, conductivity, opacity, durability, purity, lightness, filtration, absorption and repellency. Imerys is determined to develop responsibly, in particular by fostering the emergence of environmentally-friendly products and processes.
| Analyst/Investor relations: | Press contacts: |
|---|---|
| Vincent Gouley - + 33 (0)1 49 55 64 69 | Vincent Gouley - + 33 (0)1 49 55 64 69 |
| [email protected] | Philémon Tassel - + 33 (0)6 30 10 96 11 |
| Sarah Fornier - + 33 (0)7 87 40 83 50 |
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