Imerys snaps up S&B for €558m

By Laura Syrett
Published: Thursday, 06 November 2014

The French industrial minerals producer’s ambition to expand its presence in the bentonite market has been clear since it engaged in an ultimately unsuccessful bidding war for US-based AMCOL earlier this year. By acquiring S&B, Imerys has secured a foothold in bentonite and the lucrative drilling muds industry.

World leading French industrial minerals group Imerys SA has bought Greece-based bentonite producer, S&B, for a maximum purchase price of €558m ($697.5m*), it revealed late yesterday.

Imerys said the deal represented a "strategic combination for the integration of the main activities of S&B," which will allow it to "accelerate...

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