Announced
Completed
Financials
Tags
Acquisition
Friendly
Single Bidder
mining solutions
United States
General Mining
Cross Border
Majority
Private
Completed
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.