Imerys Set to Acquire Chemviron’s Diatomite and Perlite Operations in Europe

Imerys has announced it entered into exclusive negotiations to purchase Chemviron's European diatomite and perlite business, a move that indicates a significant expansion of its offerings in the region. This prospective acquisition includes three key mining and industrial assets across France and Italy, enhancing Imerys' capabilities in the Filtration and Life Sciences sectors. The acquisition aims to better meet the demands of the food, beverage, filtration, and pharmaceutical industries.

This business segment of Chemviron generated an estimated revenue of €50 million in 2023 and employs roughly 130 individuals. Imerys' CEO, Alessandro Dazza, expressed optimism about the acquisition, noting its potential to fortify the company’s core industrial minerals business and enhance product offerings in consumer goods markets. The completion of this transaction is expected by the year's end, pending standard closing conditions and consultations with employee representatives.