Groupe CB-backed TRB Refractories completed the acquisition of MT Savage Specialty Refractories.

Groupe CB-backed TRB Refractories, a company specializing in the design, manufacturing, and engineering of silico-aluminous refractory solutions for high-temperature industries, completed the acquisition of MT Savage Specialty Refractories, a designer and manufacturer of refractory products, including shotcrete, castables, gunning mixes, ramming masses, and mortars. Financial terms were not disclosed. “We warmly welcome MT Savage to TRB. With a presence in 35 countries, our refractory division continues to grow, and this acquisition marks an important step in expanding our global position in North America and Canada. Together, we will continue to innovate and deliver greater value to our customers,” Bertrand Crepin-Leblond, TRB Refractories Managing Director.