Industrial Minerals


HgCapital puts talc producer Mondo Minerals up for sale

29 March 2011

by Mike O'Driscoll

Private equity group attempts to divest no.2 talc producer after four years ownership

Keywords: Mondo Minerals, talc, fillers, paper, HgCapital, Imerys, Rio Tinto

The world’s second largest talc producer, Mondo Minerals B.V. has been put up for sale by its parent of four years, London-based private equity group HgCapital.

Mondo Minerals has an estimated 13% share of the 6.1m. tonne global talc supply market with a total talc processing capacity of 800,000 tpa, supplying filler applications in the paper, plastics, adhesive, rubber and sealants markets.

 

Wulf-Dietrich Keller, CEO of the Amsterdam-based group, told IM: “I can confirm that our shareholder HgCapital is actively considering disposing of Mondo and is exploring this...