The worlds 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...