Meridiam and Gyrogy completed the acquisition of Premier Periclase.

Meridiam, a global investor and asset manager based in Paris, and Gyrogy, an Irish technology company that develops and operates sustainable energy Infrastructure, completed the acquisition of Premier Periclase, a provider of primary production components with applications ranging from the manufacture of refractory linings for the steel, cement, glass and non-ferrous metal industries, agricultural, chemical and environmental industries. Financial terms were not disclosed. “This project is a perfect illustration of Meridiam’s ability and expertise in revamping and cleaning up industrial sites and transforming them into clean, sustainable projects. It will deliver meaningful impact by providing local employment over the long term and a clear path towards local and regional economic support,” Matthieu Muzumdar, Meridiam Deputy CEO.