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New Deal


Announced

Completed

Draslovka completed the acquisition of the mining solutions unit of The Chemours Company for $520m.

Financials

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Transaction Value£377m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Single Bidder

mining solutions

United States

General Mining

Cross Border

Majority

Private

Completed

Synopsis

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Draslovka, a Czech-based private company specializing in cyanide production, completed the acquisition of the mining solutions unit of The Chemours Company, a global chemistry company, for $520m. “We are delighted to announce the completion of this acquisition and to formally welcome our new US employees to Draslovka. 2021 has been a transformative year for our business following over 100 years of organic growth since our founding in 1906. Through this enlarged global platform, we will be better able to serve both new and existing customers, and we plan to invest for growth across our portfolio in support of our ongoing ambitious international expansion plans. We are excited by the prospect of using Draslovka’s market-leading CN-based specialty chemicals expertise and technological know-how to drive improvements in safety and efficiency, enabling us to offer our customers safe and environmentally friendly products as well as our best-in-class customer support and services," Pavel Bruzek, Draslovka CEO.

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