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Announced

Magris Resources to acquire the North American talc assets of Imerys Talc for $223m.

Synopsis

Magris Resources, which acquires, develops and operates mining assets on a global basis, agreed to acquire the North American talc assets of Imerys Talc, North America's premier producer of talc, for $223m. "We are excited to acquire the North American Talc Business, which is underpinned by high-quality, long-life assets that produce a variety of talc products for blue-chip customers in diverse industrial end markets. We have been extremely impressed by the quality and safety culture of the operations and workforce, and look forward to partnering with the existing management team to continue to grow this business," Aaron Regent, Magris Chairman and CEO.

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